Plan Snapshot
- Plan Sponsor: Mercedes-Benz Vans, LLC
- Sponsor EIN: 161644464
- Sponsor Address: 8501 PALMETTO COMMERCE PARKWAY, LADSON, SC, 294566701
- Plan Type: 401(k)
- Total Participants: 1,653
- Total Assets: $54.0M
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 | 1,653 | $54.0M | $5.4M | $7.4M |
| 2023 | 1,598 | $42.8M | $4.4M | $5.8M |
| 2022 | 1,542 | $31.6M | $4.0M | $5.4M |
| 2021 | 1,401 | $32.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $224,492 | $279 | $224,771 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $10,488 | — | $10,488 |
| WEBSTER & ROGERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEBSTER & ROGERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $235,259
- Estimated Expense Ratio: 0.436% 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 | $234,980 | $40,515 | $167,615 | — | — |
| 2023 | $152,207 | $6,082 | $122,125 | — | — |
| 2022 | $170,812 | — | — | — | — |
| 2021 | $87,617 | — | — | — | — |