Plan Snapshot
- Plan Sponsor: Us Motor Works, LLC
- Sponsor EIN: 954538566
- Sponsor Address: 14722 ANSON AVE, SANTA FE SPRINGS, CA, 90670
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 238 | $13.7M | $582,444 | $406,631 |
| 2023 | 227 | $11.5M | $569,938 | $379,874 |
| 2022 | 224 | $9.0M | $507,798 | $266,604 |
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 |
|---|---|---|---|---|
| VALMARK SECURITIES INC. | Investment Advisor | $55,760 | — | $55,760 |
| ADP, INC. | Recordkeeper | $9,106 | — | $9,106 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,866
- Estimated Expense Ratio: 0.475% 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 | $64,867 | $55,761 | — | — | — |
| 2023 | $26,242 | $23,372 | — | — | — |
| 2022 | $57,274 | — | — | — | — |