Plan Snapshot
- Plan Sponsor: Schaller Auto World, INC.
- Sponsor EIN: 060679192
- Sponsor Address: 1 VETERANS DRIVE, NEW BRITAIN, CT, 06051
- Plan Type: 401(k)
- Total Participants: 92
- Total Assets: $10.0M
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 | 92 | $10.0M | $297,660 | $547,268 |
| 2023 | 94 | $8.7M | $275,896 | $546,528 |
| 2022 | 98 | $7.5M | $221,968 | $467,802 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $18,031 | $3,178 | $21,209 |
| ADP, INC. | Recordkeeper | $6,623 | — | $6,623 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,832
- Estimated Expense Ratio: 0.278% 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 | $24,655 | $18,032 | — | — | — |
| 2023 | $13,946 | — | — | — | — |
| 2022 | $11,252 | — | — | — | — |