Plan Snapshot
- Plan Sponsor: West Herr Ford, INC.
- Sponsor EIN: 160738496
- Sponsor Address: 3448 MCKINLEY PARKWAY, BLASDELL, NY, 14219
- Plan Type: 401(k)
- Total Participants: 3,152
- Total Assets: $176.7M
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 | 3,152 | $176.7M | $1.8M | $13.6M |
| 2023 | 2,800 | $154.7M | $1.8M | $12.8M |
| 2022 | 2,421 | $127.3M | $1.6M | $11.7M |
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 |
|---|---|---|---|---|
| SANDHILL INVESTMENT MANAGEMENT | ADVISOR | $180,387 | — | $180,387 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $22,421 | — | $22,421 |
| JEFFREY L OFFHAUS CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- JEFFREY L OFFHAUS CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $202,808
- Estimated Expense Ratio: 0.115% 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 | $202,808 | $180,387 | $300 | — | — |
| 2023 | $200,155 | $164,146 | — | $12,800 | — |
| 2022 | $201,642 | $157,991 | $30,747 | — | $8,622 |