Plan Snapshot
- Plan Sponsor: Malloy Lincoln Mercury, INC.
- Sponsor EIN: 541619073
- Sponsor Address: 6510 LITTLE RIVER TURNPIKE, ALEXANDRA, VA, 223121416
- Plan Type: 401(k)
- Total Participants: 289
- Total Assets: $6.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 289 | $6.5M | $93,056 | $580,629 |
| 2023 | 291 | $5.8M | $111,222 | $654,378 |
| 2022 | 304 | $4.5M | $113,504 | $662,475 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| COUNCILOR, BUCHANAN & MITCHELL, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $71,895 | $6,113 | $56,613 | — | — |
| 2023 | $56,853 | $4,814 | $44,839 | — | — |
| 2022 | $48,067 | $4,130 | $37,742 | — | $6,195 |