Plan Snapshot
- Plan Sponsor: Utah Automobile Dealers Association
- Sponsor EIN: 870186696
- Sponsor Address: 6095 S FASHION BLVD, STE 250, MURRAY, UT, 84107
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 619
- Total Assets: $2.1M
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 | 619 | $2.1M | $5.0M | $1.3M |
| 2023 | 691 | $1.9M | $4.9M | $2.2M |
| 2022 | 727 | $2.0M | $5.4M | $2.5M |
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 |
|---|---|---|---|---|
| LARSON & COMPANY, PC | Auditor | $23,930 | — | $23,930 |
| AVALAN, LLC | Other Service Provider | — | $15,452 | $15,452 |
| JOAN OGDEN ACTUARIES | Other Service Provider | $8,325 | — | $8,325 |
| GIBSON INSURANCE AGENCY, INC. | Other Service Provider | $5,109 | — | $5,109 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LARSON & COMPANY, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,816
- Estimated Expense Ratio: 2.559% 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 | $135,398 | $15,452 | — | — | — |
| 2023 | $163,942 | $19,447 | — | — | — |
| 2022 | $153,120 | $11,349 | — | — | $55,097 |