Muirfield Inc. D/B/A Parks Ford of Wesley Chapel 401(k) match, vesting and fees

Plan year 2024 filingParks Motors 401(k) Plan · Plan 003 · EIN 59-2419050Updated Oct 2026

What Muirfield Inc. D/B/A Parks Ford of Wesley Chapel's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $34K in employer contributions, about $185 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$47,102
Average account balance
261
Participants (end of year)
$8.7M
Plan assets (end of year)
0.53%
Admin expenses ÷ assets

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.

RecordkeeperEmpower Ann Ins Co of AmericaSchedule C ↗
Independent auditorAssurance Dimensions (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.

Muirfield Inc. D/B/A Parks Ford of Wesley Chapel: employer contribution per participant$185
Peer median$1,216
Muirfield Inc. D/B/A Parks Ford of Wesley Chapel: average balance$47,102
Peer median$50,590
Muirfield Inc. D/B/A Parks Ford of Wesley Chapel: admin expenses ÷ assets0.53%
Peer median0.43%

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 $8.9M at the end of plan year 2023 to $8.7M at the end of plan year 2024.

$8.9M2023$8.7M2024
End-of-year figures from each plan year's Form 5500 filing for the Muirfield Inc. D/B/A Parks Ford of Wesley Chapel plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024261$8.7M$34K$1850.53%Not publishedForm 5500 ↗
2023297$8.9M$23K$970.55%Not publishedForm 5500 ↗

Common questions

Does Muirfield Inc. D/B/A Parks Ford of Wesley Chapel match 401(k) contributions?

The match terms for the Parks Motors 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $34K in employer contributions, about $185 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Muirfield Inc. D/B/A Parks Ford of Wesley Chapel 401(k) match vested?

The vesting schedule for the Parks Motors 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Muirfield Inc. D/B/A Parks Ford of Wesley Chapel 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Ann Ins Co of America. The plan administrator is Muirfield Inc. D/B/A Parks Ford of Wesley Chapel.

I left Muirfield Inc. D/B/A Parks Ford of Wesley Chapel. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Muirfield Inc. D/B/A Parks Ford of Wesley Chapel, (813) 907-7800) or the recordkeeper, Empower Ann Ins Co of America. The Muirfield Inc. D/B/A Parks Ford of Wesley Chapel old 401(k) page lists the contacts from every plan filing. Find an old Muirfield Inc. D/B/A Parks Ford of Wesley Chapel 401(k)

Data from the public Form 5500 annual reports Muirfield Inc. D/B/A Parks Ford of Wesley Chapel filed with the U.S. Department of Labor (plan years 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 Muirfield Inc. D/B/A Parks Ford of Wesley Chapel. Not financial advice. Report a correction · Methodology