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: 503
- Total Participants: 1,485
- Total Assets: $797,392
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 | 1,485 | $797,392 | $0 | $53,698 |
| 2023 | 1,909 | $750,552 | $0 | $40,170 |
| 2022 | 1,564 | $690,240 | $0 | $42,432 |
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 |
|---|---|---|---|---|
| NEWPORT TRUST COMPANY | Other Service Provider | $12,090 | — | $12,090 |
| PERSONIFY HEALTH SOLUTIONS, LLC | Other Service Provider | $11,176 | — | $11,176 |
| APRIO LLP | Auditor | $6,721 | — | $6,721 |
| MOSS ADAMS LLP | Other Service Provider | $5,331 | — | $5,331 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,318
- Estimated Expense Ratio: 4.429% 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 | $51,276 | $1,827 | $11,176 | $6,721 | — |
| 2023 | $42,920 | $1,763 | $11,353 | $409 | — |
| 2022 | $112,626 | $112,319 | $11,654 | — | $8,960 |