Plan Snapshot
- Plan Sponsor: Ml Automotive Group LLC
- Sponsor EIN: 460566863
- Sponsor Address: 16725 NW 57 AVENUE, MIAMI GARDENS, FL, 33055
- Plan Type: 401(k)
- Total Participants: 205
- Total Assets: $6.3M
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 | 205 | $6.3M | $118,130 | $930,734 |
| 2023 | 204 | $5.4M | $130,904 | $931,311 |
| 2022 | 192 | $4.4M | $165,870 | $1.2M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $13,938 | — | $13,938 |
| HLB GRAVIER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- HLB GRAVIER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,938
- Estimated Expense Ratio: 0.220% 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 | $13,938 | — | — | — | — |
| 2023 | $6,990 | — | — | — | — |
| 2022 | $4,138 | — | — | — | — |