Plan Snapshot
- Plan Sponsor: Pearson Ford, INC.
- Sponsor EIN: 351053374
- Sponsor Address: 10650 N MICHIGAN ROAD, ZIONSVILLE, IN, 46077
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 55
- Total Assets: $11,158
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 | 55 | $11,158 | $44,398 | $0 |
| 2023 | 45 | $20,136 | $275,375 | $155,106 |
| 2022 | 53 | $44,710 | $474,783 | $2,238 |
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 |
|---|---|---|---|---|
| REMODEL HEALTH | Other Service Provider | $65,910 | — | $65,910 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,910
- Estimated Expense Ratio: 590.697% 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 | $6,832 | — | — | — | — |
| 2023 | $419,066 | — | — | — | — |
| 2022 | $483,647 | — | — | — | — |