Plan Snapshot
- Plan Sponsor: Riverside Metro Auto Group, LLC
- Sponsor EIN: 954765639
- Sponsor Address: 8330 INDIANA AVENUE, RIVERSIDE, CA, 92504
- Plan Type: 401(k)
- Total Participants: 363
- Total Assets: $19.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 363 | $19.6M | $0 | $1.3M |
| 2023 | 270 | $17.0M | $0 | $1.3M |
| 2022 | 261 | $13.5M | $0 | $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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $6,840 | — | $6,840 |
| ROGERS CLEM AND COMPANY | Auditor | $1,256 | — | $1,256 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ROGERS CLEM AND COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,096
- Estimated Expense Ratio: 0.041% 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 | $8,096 | — | — | $1,256 | — |
| 2023 | $6,160 | — | — | — | — |
| 2022 | $5,253 | — | — | — | — |