Plan Snapshot
- Plan Sponsor: Union Park Automotive Group, INC.
- Sponsor EIN: 510380601
- Sponsor Address: 1704 PENNSYLVANIA AVENUE, WILMINGTON, DE, 19806
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 100
- Total Assets: $413,811
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. |
|---|---|---|---|---|
| 2025 | 100 | $413,811 | $0 | $0 |
| 2024 | 91 | $98,664 | $698,274 | $435,381 |
| 2023 | 94 | $351,357 | $619,605 | $490,000 |
| 2022 | 91 | $341,028 | $617,972 | $510,903 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $92,528 | — | $92,528 |
| IFS BENEFITS, LLC | Investment Advisor | $39,040 | — | $39,040 |
| HIGHMARK OF DELAWARE | Other Service Provider | $22,253 | — | $22,253 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $153,821
- Estimated Expense Ratio: 37.172% 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 |
|---|---|---|---|---|---|
| 2025 | $1,159,665 | — | — | — | — |
| 2024 | $1,393,283 | — | — | — | — |
| 2023 | $1,127,744 | — | — | — | — |
| 2022 | $911,421 | — | — | — | — |