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: 502
- Total Participants: 813
- Total Assets: $13.8M
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 | 813 | $13.8M | $0 | $3.5M |
| 2023 | 873 | $14.2M | $0 | $2.9M |
| 2022 | 1,130 | $18.5M | $0 | $2.9M |
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 | $631,208 | — | $631,208 |
| NEWPORT TRUST COMPANY | Other Service Provider | $224,964 | — | $224,964 |
| APRIO LLP | Auditor | $125,064 | — | $125,064 |
| MOSS ADAMS LLP | Other Service Provider | $99,191 | — | $99,191 |
| NADA SERVICES CORPORATION | Other Service Provider | $68,426 | — | $68,426 |
| PRM CONSULTING GROUP | Other Service Provider | $10,461 | — | $10,461 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,159,314
- Estimated Expense Ratio: 8.407% 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 | $1,454,184 | $45,984 | $631,208 | $125,064 | — |
| 2023 | $1,463,073 | $44,002 | $652,107 | $10,902 | — |
| 2022 | $3,193,335 | $2,749,564 | $667,437 | — | $253,989 |