# Mel Hambelton Ford, INC. 401(k) Plan
Source: https://planprovider.pro/companies/mel-hambelton-ford-inc-401k-plan

> Mel Hambelton Ford, INC.'s 401(k) plan: 210 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mel Hambelton Ford, INC.

- **Sponsor EIN:** 480970440

- **Sponsor Address:** 11771 W KELLOGG ST, WICHITA, KS, 672091240

- **Plan Type:** 401(k)

- **Total Participants:** 210

- **Total Assets:** $8.9M

## 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|210|$8.9M|$111,761|$956,432|

| 2023|215|$7.6M|$133,745|$1.0M|

| 2022|199|$5.8M|$50,148|$878,211|

## 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|

| BT & CO., P.A.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BT & CO., P.A.](https://planprovider.pro/provider/bt-and-co-pa) — Auditor

## 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|$51,440|$1,637|$43,528|—|—|

| 2023|$47,161|$1,322|—|—|—|

| 2022|$42,262|$1,101|—|—|$3,300|

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