Plan Ledger DOL Form 5500 · updated monthly

Apple Ford, Inc.401(k)

APPLE FORD, INC. 401(K) PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.41%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Apple Ford, Inc. reported $26,200 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $2,705 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.35% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maryland (1,144th of 1,671), and 3,247th of 5,215 in retail trade. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,045,391
Participants with balances126
Active participants165
Employer contributions$446,365
Employee contributions$815,969
Employer contribution per active participant$2,705
Average account balance$55,916
Benefits paid to participants$667,592
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 126 accts · $446K emplr
2023$5.8M · 105 accts · $438K emplr
2022$4.8M · 92 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,200
Total administrative$26,200
The Apple Ford, Inc. 401(k) match · 2024
Employer contribution per active participant$2,705
Median for plans this size$1,313
2024$2,705 per active participant
2023$2,270 per active participant

Apple Ford, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20248
NATIONWIDE · Investment management$21,719
PROACCOUNT · Investment advisory (participants)$15,873
NATIONWIDE · Investment management$1,346
NATIONWIDE RETIREMENT PLANS · Investment management$1,058
LINCOLN FINANCIAL ADVISORS CORP · Investment managementindirect comp
OSAIC FA INC · Investment managementindirect comp
LPL FINANCIAL LLC · Investment managementindirect comp
LINCOLN FINANCIAL ADVISORS COR · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$26,200 · 0.41%
2023$16,331 · 0.31%
2022$17,988 · 0.35%
Same employer
Similar plansRetail Trade · Maryland
Jerrys Chevrolet, Inc. MD$7.8M · 0.24%
J.A. Motorcars, Inc. MD$7.4M · 0.22%
Albert S. Smyth Co., Inc. MD$7.3M · 0.74%
Cfi Management LLC MD$6.0M · 0.73%
Ttv Motors, Inc. MD$5.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521750403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.