Plan Snapshot
- Plan Sponsor: Port Lavaca Ford, INC.
- Sponsor EIN: 943416870
- Sponsor Address: 5802 N. NAVARRO ST., VICTORIA, TX, 77904
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,365
- Total Assets: $88,486
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 | 1,365 | $88,486 | $6.2M | $4.5M |
| 2023 | 1,261 | $4,556 | $5.9M | $4.4M |
| 2022 | 1,267 | $48,876 | $5.7M | $4.4M |
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 |
|---|---|---|---|---|
| CONNECT HEALTH SERVICES COMPANY | Other Service Provider | $1,759,250 | — | $1,759,250 |
| ENTRUST DBA 90 DEGREE BENEFITS | Recordkeeper | $848,959 | — | $848,959 |
| MEDICAL HELPLINE | Other Service Provider | $96,480 | — | $96,480 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,704,689
- Estimated Expense Ratio: 3056.629% 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 | $2,077,663 | — | $848,124 | — | — |
| 2023 | $786,106 | — | $785,767 | — | — |
| 2022 | $749,659 | — | — | — | — |