Plan Ledger DOL Form 5500 · updated monthly

Arnold Motor Supply, LLP401(k)

ARNOLD MOTOR SUPPLY 401K PLAN · SPENCER, IA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Arnold Motor Supply, LLP reported $107,376 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $588 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 3 years on file its reported administrative ratio has held roughly steady near 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 320th-largest of 878 plans among Iowa employers on file, and the 1,095th of 5,215 in retail trade. In 2024, employees put in $2.88 for every $1.00 the employer contributed; active participation has grown from 696 to 831 since 2022.

Plan summary
Net assets, end of year$28,087,797
Participants with balances716
Active participants831
Employer contributions$488,421
Employee contributions$1,408,485
Employer contribution per active participant$588
Average account balance$39,229
Benefits paid to participants$2,229,900
Plan auditUnmodified (clean) audit opinion
AuditorWINTHER, STAVE & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 716 accts · $488K emplr
2023$25.5M · 688 accts · $460K emplr
2022$20.4M · 594 accts · $420K emplr
Administrative expenses, itemized · 2024
Investment management$107,376
Total administrative$107,376
The Arnold Motor Supply, LLP 401(k) match · 2024
Employer contribution per active participant$588
Median for plans this size$2,416
2024$588 per active participant
2023$583 per active participant
2022$603 per active participant

Arnold Motor Supply, LLP's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
THE SECURITY NATIONAL BANK · Trustee$98,264
CHARLES SCHWAB BANK · Investment management · Custodial (securities)$9,112

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$107,376 · 0.40%
2023$91,088 · 0.40%
2022$83,688 · 0.38%
Same employer
Similar plansRetail Trade · Iowa
Storey-Kenworthy Company IA$34.3M · 0.33%
Spahn & Rose Lumber Co. IA$34.3M · 0.30%
Charles Gabus Ford, Inc. IA$33.9M · 0.47%
Karl Chevrolet, Inc. IA$31.2M · 0.45%
Sioux City Truck Sales IA$23.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420620370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.