# Palmen Motors, INC. 401(k) Plan
Source: https://planprovider.pro/companies/palmen-motors-inc-401k-plan

> Palmen Motors, INC.'s 401(k) plan: 164 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Palmen Motors, INC.

- **Sponsor EIN:** 391156658

- **Sponsor Address:** 5431 75TH STREET, KENOSHA, WI, 531423601

- **Plan Type:** 401(k)

- **Total Participants:** 164

- **Total Assets:** $24.0M

## 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|164|$24.0M|$235,911|$1.2M|

| 2023|162|$21.5M|$249,892|$1.2M|

| 2022|172|$18.5M|$267,898|$1.3M|

## 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|

| ASSOCIATED TRUST COMPANY, N.A.|NONE|$101,590|—|$101,590|

| BAKER TILLY US, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $101,590

- **Estimated Expense Ratio:** 0.424% 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|$101,590|$96,624|—|—|—|

| 2023|$90,592|$85,992|—|—|—|

| 2022|$93,539|$88,019|—|—|—|

## Similar Plans

- [Home Run Auto Group](https://planprovider.pro/companies/home-run-auto-group-401k-plan) — 168 participants

- [Kocourek Chevrolet, INC.](https://planprovider.pro/companies/kocourek-chevrolet-inc-401k-plan) — 174 participants

- [Andrew Chevrolet, INC.](https://planprovider.pro/companies/andrew-chevrolet-inc-401k-plan) — 144 participants

- [Lake Company Of Wisconsin, INC.](https://planprovider.pro/companies/lake-company-of-wisconsin-inc-401k-plan) — 142 participants

- [Don Miller INC.](https://planprovider.pro/companies/don-miller-inc-401k-plan) — 193 participants

- [Ken Vance Car City, INC.](https://planprovider.pro/companies/ken-vance-car-city-inc-401k-plan) — 196 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/palmen-motors-inc-401k-plan)

© 2026 PlanProvider.Pro