Plan Snapshot
- Plan Sponsor: March Hodge Pohanka Chantilly, LLC Dba Honda Of Chantilly
- Sponsor EIN: 461271220
- Sponsor Address: 25260 PLEASANT VALLEY ROAD, CHANTILLY, VA, 20152
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $4.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 112 | $4.5M | $227,771 | $542,590 |
| 2023 | 102 | $3.8M | $212,872 | $479,285 |
| 2022 | 90 | $3.7M | $189,454 | $478,300 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $13,216 | — | $13,216 |
| NATIONAL AUTOMOBILE DEALERS ASSOC | Other Service Provider | $5,338 | — | $5,338 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,554
- Estimated Expense Ratio: 0.417% of plan assets
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 | $21,454 | $1,379 | $890 | — | — |
| 2023 | $17,605 | — | — | — | — |
| 2022 | $12,430 | — | $12,430 | — | — |