Plan Snapshot
- Plan Sponsor: Mike Anderson Chevrolet Of Merrillville
- Sponsor EIN: 351161271
- Sponsor Address: 1550 EAST 61ST STREET, MERRILLVILLE, IN, 46410
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 131 | $13.2M | $246,486 | $665,863 |
| 2023 | 113 | $11.6M | $227,697 | $643,555 |
| 2022 | 107 | $9.2M | $231,121 | $675,754 |
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 |
|---|---|---|---|---|
| CETERA INVESTMENT ADVISORS | Other Service Provider | — | $25,162 | $25,162 |
| RETIREMENT PLAN CONCEPTS & SERVICES | Recordkeeper | — | $6,303 | $6,303 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,465
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 |
|---|---|---|---|---|---|
| 2025 | $15,291,561 | $1,951 | $64,438 | — | — |
| 2024 | $54,552 | $1,279 | $52,247 | — | — |
| 2023 | $44,634 | $560 | $43,249 | — | — |
| 2022 | $58,681 | — | $45,431 | — | — |