Plan Snapshot
- Plan Sponsor: Sellers Auto Group, INC.
- Sponsor EIN: 464351235
- Sponsor Address: 24501 HATHAWAY ST., FARMINGTON HILLS, MI, 48335
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $29,326 | $99,122 |
| 2022 | 62 | $5.0M | $114,998 | $346,143 |
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 |
|---|---|---|---|---|
| GRANT, MILLMAN & JOHNSON, P.C. | Auditor | $25,650 | — | $25,650 |
| SENTINEL BENEFITS GROUP, INC. | NONE | $17,255 | — | $17,255 |
| CAPTRUST ADVISOR | NONE | $14,986 | — | $14,986 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT, MILLMAN & JOHNSON, P.C. — Auditor
- SENTINEL BENEFITS GROUP, INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,891
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 |
|---|---|---|---|---|---|
| 2023 | $49,456 | $3,060 | $19,344 | $25,650 | — |
| 2022 | $35,802 | $14,986 | — | — | $20,816 |