Plan Snapshot
- Plan Sponsor: Ted Britt Ford Sales, INC.
- Sponsor EIN: 540652756
- Sponsor Address: 11165 FAIRFAX BLVD., FAIRFAX, VA, 22030
- Plan Type: 401(k)
- Total Participants: 318
- Total Assets: $29.8M
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 | 318 | $29.8M | $615,253 | $2.1M |
| 2023 | 310 | $26.7M | $692,231 | $2.2M |
| 2022 | 337 | $21.4M | $696,784 | $2.2M |
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 |
|---|---|---|---|---|
| NWPS | NONE | $52,069 | — | $52,069 |
| GLOBAL RETIREMENT PARTNERS LLC | NONE | $41,277 | — | $41,277 |
| BENEFIT AUDIT GROUP, LLC | NONE | $13,200 | — | $13,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NWPS — NONE
- GLOBAL RETIREMENT PARTNERS LLC — NONE
- BENEFIT AUDIT GROUP, LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $106,546
- Estimated Expense Ratio: 0.358% 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 | $107,046 | $41,277 | — | $13,200 | — |
| 2023 | $91,169 | $43,646 | — | $11,500 | — |
| 2022 | $70,066 | — | — | — | $70,066 |