Plan Snapshot
- Plan Sponsor: Yoder Ford, INC. Dba Hacienda Ford
- Sponsor EIN: 742606273
- Sponsor Address: 3010 W. UNIVERSITY DRIVE, EDINBURG, TX, 785397074
- Plan Type: 401(k)
- Total Participants: 389
- Total Assets: $7.3M
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 | 389 | $7.3M | $416,990 | $933,592 |
| 2023 | 326 | $6.6M | $402,907 | $896,133 |
| 2022 | 290 | $4.7M | $331,321 | $728,944 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $71,434 | $40 | $71,474 |
| WORLD INVESTMENT ADVISORS, LLC | SERVICE PROVIDER | — | $25,307 | $25,307 |
| COLLIER, JOHNSON & WOODS, P.C. | AUDITOR | $10,250 | — | $10,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,031
- Estimated Expense Ratio: 1.470% 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 | $82,136 | $728 | $68,558 | — | — |
| 2023 | $44,970 | $2 | $43,618 | — | — |
| 2022 | $37,705 | — | — | — | — |