Plan Snapshot
- Plan Sponsor: Niagara Frontier Automobile Dealers Association, INC.
- Sponsor EIN: 237077769
- Sponsor Address: 1144 WEHRLE DRIVE, WILLIAMSVILLE, NY, 142219019
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,676
- Total Assets: $702,755
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 | 1,676 | $702,755 | $1.1M | $0 |
| 2023 | 1,598 | $762,108 | $1.1M | $0 |
| 2022 | 1,580 | $798,329 | $1.1M | $0 |
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 |
|---|---|---|---|---|
| THE GUARDIAN LIFE INSURANCE CO. | Recordkeeper | $77,899 | — | $77,899 |
| DOPKINS & COMPANY, LLP | Auditor | $36,600 | — | $36,600 |
| NFADA | Other Service Provider | $34,034 | — | $34,034 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE GUARDIAN LIFE INSURANCE CO. — Recordkeeper
- DOPKINS & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $148,533
- Estimated Expense Ratio: 21.136% 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 | $154,363 | — | $113,845 | $36,605 | — |
| 2023 | $131,674 | — | $111,324 | $17,000 | — |
| 2022 | $135,620 | — | $123,482 | — | $12,138 |