Plan Snapshot
- Plan Sponsor: Van Bortel Ford, INC.
- Sponsor EIN: 161609363
- Sponsor Address: 71 MARSH ROAD, EAST ROCHESTER, NY, 14445
- Plan Type: 401(k)
- Total Participants: 164
- Total Assets: $6.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 164 | $6.1M | $50,366 | $467,774 |
| 2023 | 156 | $6.0M | $49,564 | $453,260 |
| 2022 | 156 | $5.4M | $40,373 | $399,353 |
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 |
|---|---|---|---|---|
| CANANDAIGUA NATIONAL BANK & TRUST | NONE | $26,151 | — | $26,151 |
| BOWERS & COMPANY CPAS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOWERS & COMPANY CPAS PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,151
- Estimated Expense Ratio: 0.431% 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 | $26,151 | — | — | — | — |
| 2023 | $23,619 | — | — | — | — |
| 2022 | $25,632 | — | — | — | — |