Plan Snapshot
- Plan Sponsor: Mckie Ford Lincoln, INC & Affiliates
- Sponsor EIN: 363035201
- Sponsor Address: PO BOX 740, RAPID CITY, SD, 57709
- Plan Type: 401(k)
- Total Participants: 172
- Total Assets: $11.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 172 | $11.0M | $83,924 | $692,577 |
| 2023 | 131 | $10.5M | $77,374 | $694,974 |
| 2022 | 128 | $9.0M | $75,169 | $662,333 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $19,315 | — | $19,315 |
| WEALTH ENHANCEMENT GROUP | ADVISOR | $17,505 | — | $17,505 |
| KETEL THORSTENSON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- KETEL THORSTENSON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,820
- Estimated Expense Ratio: 0.335% 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 | $36,820 | $17,505 | — | — | — |
| 2023 | $35,111 | $15,792 | — | $9,983 | — |
| 2022 | $36,047 | — | — | — | — |