Plan Snapshot
- Plan Sponsor: Tom Bush Volkswagen, INC. Dba Tom Bush Regency Motors & Tom Bush Bmw
- Sponsor EIN: 591290731
- Sponsor Address: 9850 ATLANTIC BLVD, JACKSONVILLE, FL, 322256536
- Plan Type: 401(k)
- Total Participants: 328
- Total Assets: $19.0M
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 | 328 | $19.0M | $662,792 | $1.6M |
| 2023 | 317 | $16.5M | $696,291 | $1.6M |
| 2022 | 260 | $13.9M | $451,114 | $1.3M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $19,576 | — | $19,576 |
| MORGAN STANLEY GLOBAL BA | INVESTMENT ADVISORY | $13,441 | — | $13,441 |
| MORGAN STANLEY GLOBAL | INVESTMENT ADVISORY | $6,243 | — | $6,243 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL BA — INVESTMENT ADVISORY
- MORGAN STANLEY GLOBAL — INVESTMENT ADVISORY
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,260
- Estimated Expense Ratio: 0.206% 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 | $45,533 | $19,679 | $25,854 | — | — |
| 2023 | $47,621 | $25,832 | — | — | — |
| 2022 | $30,919 | $16,019 | — | — | — |