Plan Snapshot
- Plan Sponsor: Syracuse Automobile Dealers Association
- Sponsor EIN: 150464235
- Sponsor Address: 770 JAMES STREET, SYRACUSE, NY, 13203
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 129
- Total Assets: $74,938
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 | 129 | $74,938 | $90,183 | $0 |
| 2023 | 138 | $104,669 | $98,063 | $0 |
| 2022 | 164 | $110,587 | $115,563 | $0 |
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 |
|---|---|---|---|---|
| SYRACUSE SADA SERVICES CORP. | Other Service Provider | $49,543 | — | $49,543 |
| DANNIBLE & MCKEE, LLP | Auditor | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DANNIBLE & MCKEE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,543
- Estimated Expense Ratio: 76.787% 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 | $60,718 | — | $49,543 | $8,000 | — |
| 2023 | $53,645 | — | — | — | — |
| 2022 | $52,134 | — | — | — | $6,000 |