# Village Ford, INC. 401(k) Plan
Source: https://planprovider.pro/companies/village-ford-inc-401k-plan

> Village Ford, INC.'s 401(k) plan: 179 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Village Ford, INC.

- **Sponsor EIN:** 382391300

- **Sponsor Address:** 23535 MICHIGAN AVENUE, DEARBORN, MI, 48124

- **Plan Type:** 401(k)

- **Total Participants:** 179

- **Total Assets:** $15.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|179|$15.5M|$69,221|$1.1M|

| 2023|175|$14.3M|$69,233|$1.1M|

| 2022|155|$13.6M|$63,963|$1.0M|

## 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|

| PLANTE MORAN|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$56,813|$27,260|—|—|—|

| 2023|$50,216|$21,818|—|—|—|

| 2022|$60,553|$14,757|—|—|—|

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