Plan Snapshot
- Plan Sponsor: Route 24 Auto Group
- Sponsor EIN: 271022847
- Sponsor Address: 1016 BELMONT STREET, BROCKTON, MA, 02301
- Plan Type: DC
- Total Participants: 383
- Total Assets: $4.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 383 | $4.8M | $0 | $1.2M |
| 2023 | 383 | $3.6M | $0 | $922,670 |
| 2022 | 396 | $2.8M | $0 | $748,748 |
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 |
|---|---|---|---|---|
| SENTINEL BENEFITS GROUP LLC | N/A | $29,008 | — | $29,008 |
| SENTINEL PENSION ADVISORS | N/A | $12,742 | — | $12,742 |
| WITHUM SMITH AND BROWN PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL BENEFITS GROUP LLC — N/A
- SENTINEL PENSION ADVISORS — N/A
- WITHUM SMITH AND BROWN PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,750
- Estimated Expense Ratio: 0.873% 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 | $44,534 | $12,742 | — | — | — |
| 2023 | $26,913 | $9,415 | — | — | — |
| 2022 | $27,326 | — | $27,326 | — | — |