Destination 770 Auto, Inc. DBA Destination Nissan 401(k) match, vesting and fees
What Destination 770 Auto, Inc. DBA Destination Nissan's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cruden & Company, Cpa'S PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,508 defined-contribution plans in information with 100 to 499 participants.
| Destination 770 Auto, Inc. DBA Destination Nissan: employer contribution per participant | $425 | |
| Peer median | $2,188 |
| Destination 770 Auto, Inc. DBA Destination Nissan: average balance | $75,494 | |
| Peer median | $63,883 |
| Destination 770 Auto, Inc. DBA Destination Nissan: admin expenses ÷ assets | 0.25% | |
| Peer median | 0.27% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $19.9M at the end of plan year 2021 to $22M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 323 | $22M | $124K | $425 | 0.25% | Not published | Form 5500 ↗ |
| 2023 | 329 | $20.3M | $130K | $423 | 0.24% | Not published | Form 5500 ↗ |
| 2022 | 331 | $17.5M | $120K | $378 | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 348 | $19.9M | $121K | $373 | 0.28% | Not published | Form 5500 ↗ |
Common questions
Does Destination 770 Auto, Inc. DBA Destination Nissan match 401(k) contributions?
The match terms for the Destination 770 Auto, Inc. Savings & Security Plan DBA Destination Nissan have not been published from its filing yet. The plan year 2024 filing reports $124K in employer contributions, about $425 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Destination 770 Auto, Inc. DBA Destination Nissan 401(k) match vested?
The vesting schedule for the Destination 770 Auto, Inc. Savings & Security Plan DBA Destination Nissan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Destination 770 Auto, Inc. DBA Destination Nissan 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Destination 770 Auto, Inc. DBA Destination Nissan.
I left Destination 770 Auto, Inc. DBA Destination Nissan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Destination 770 Auto, Inc. DBA Destination Nissan, (518) 782-9346) or the recordkeeper, Principal Life Insurance Company. The Destination 770 Auto, Inc. DBA Destination Nissan old 401(k) page lists the contacts from every plan filing. Find an old Destination 770 Auto, Inc. DBA Destination Nissan 401(k)
Data from the public Form 5500 annual reports Destination 770 Auto, Inc. DBA Destination Nissan filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Destination 770 Auto, Inc. DBA Destination Nissan. Not financial advice. Report a correction · Methodology