Plan Snapshot
- Plan Sponsor: National Automobile Dealers Insurance Tr
- Sponsor EIN: 436121557
- Sponsor Address: 8484 WESTPARK DR. STE 500, MCLEAN, VA, 221023588
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 5,534
- Total Assets: $3.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,534 | $3.4M | $0 | $425,780 |
| 2023 | 5,744 | $3.7M | $0 | $280,993 |
| 2022 | 5,614 | $3.7M | $0 | $279,236 |
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 |
|---|---|---|---|---|
| PERSONIFY HEALTH SOLUTIONS, LLC | Other Service Provider | $102,827 | — | $102,827 |
| NEWPORT TRUST COMPANY | Other Service Provider | $59,929 | — | $59,929 |
| APRIO LLP | Other Service Provider | $33,316 | — | $33,316 |
| MOSS ADAMS LLP | Other Service Provider | $26,424 | — | $26,424 |
| NADA SERVICES CORPORATION | Other Service Provider | $18,228 | — | $18,228 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $240,724
- Estimated Expense Ratio: 7.111% 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 | $259,902 | $2,557 | $102,827 | $33,316 | — |
| 2023 | $208,143 | $3,467 | $99,870 | $2,179 | — |
| 2022 | $356,727 | $215,301 | $98,237 | — | $41,895 |