Plan Snapshot
- Plan Sponsor: Phil Long Dealerships, INC.
- Sponsor EIN: 841393913
- Sponsor Address: 4045 SINTON ROAD, COLORADO SPRINGS, CO, 80907
- Plan Type: 401(k)
- Total Participants: 1,408
- Total Assets: $64.7M
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 | 1,408 | $64.7M | $700,644 | $7.8M |
| 2023 | 1,311 | $55.9M | $692,170 | $7.6M |
| 2022 | 1,204 | $43.8M | $791,232 | $7.0M |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | $27,825 | — | $27,825 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,825
- Estimated Expense Ratio: 0.043% 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 | $255,373 | $113,406 | $300 | $27,825 | — |
| 2023 | $215,239 | $93,427 | — | $18,900 | — |
| 2022 | $201,900 | $25,074 | — | — | — |