Plan Snapshot
- Plan Sponsor: Waldorf Ford, INC.
- Sponsor EIN: 521918602
- Sponsor Address: 2440 CRAIN HIGHWAY, WALDORF, MD, 206013143
- Plan Type: 401(k)
- Total Participants: 874
- Total Assets: $34.2M
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 | 874 | $34.2M | $870,771 | $2.8M |
| 2023 | 851 | $28.1M | $498,413 | $2.3M |
| 2022 | 688 | $18.2M | $433,661 | $1.6M |
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 |
|---|---|---|---|---|
| COUNCILOR BUCHANNAN AND MITCHELL | 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 | $143,377 | $79,636 | — | — | — |
| 2023 | $105,258 | $54,656 | — | — | — |
| 2022 | $88,835 | — | $88,835 | — | — |