Plan Snapshot
- Plan Sponsor: Menholt Automotive Group
- Sponsor EIN: 810449357
- Sponsor Address: 3000 KING AVENUE WEST, BILLINGS, MT, 59102
- Plan Type: 401(k)
- Total Participants: 499
- Total Assets: $22.1M
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 | 499 | $22.1M | $453,598 | $1.5M |
| 2023 | 441 | $17.4M | $403,779 | $1.3M |
| 2022 | 373 | $14.1M | $0 | $1.3M |
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 |
|---|---|---|---|---|
| FIRST INTERSTATE WEALTH MANAGEMENT | Other Service Provider | $34,817 | — | $34,817 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Other Service Provider | $28,713 | — | $28,713 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,530
- Estimated Expense Ratio: 0.287% 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 | $63,530 | — | — | — | — |
| 2023 | $51,993 | — | — | — | — |
| 2022 | $68,838 | $37,469 | $31,369 | — | — |