Plan Snapshot
- Plan Sponsor: Mccombs Hfc, Ltd. Dba Red Mccombs Ford
- Sponsor EIN: 742750577
- Sponsor Address: 755 E. MULBERRY, SAN ANTONIO, TX, 78212
- Plan Type: 401(k)
- Total Participants: 780
- Total Assets: $63.6M
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 | 780 | $63.6M | $1.0M | $3.0M |
| 2023 | 723 | $55.9M | $993,883 | $3.1M |
| 2022 | 748 | $46.9M | $1.0M | $3.1M |
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 |
|---|---|---|---|---|
| DEFINITI LLC | TPA | $43,602 | — | $43,602 |
| FORVIS MAZARS LLP | NONE | $18,375 | — | $18,375 |
| AMERICAN TRUST COMPANY | NONE | $6,093 | — | $6,093 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,070
- Estimated Expense Ratio: 0.107% 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 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |