Plan Ledger DOL Form 5500 · updated monthly

Avis Ford Incorporated401(k)

AVIS FORD, INCORPORATED 401(K) PROFIT SHARING PLAN · SOUTHFIELD, MI · plan year 2022

Reported admin expense ratio · 2022
0.68%

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

Avis Ford Incorporated reported $57,436 in plan administrative expenses for 2022: 0.68% of average plan assets, above the peer median. Employer contributions averaged $144 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (1,724th of 2,619), and 3,106th of 5,215 in retail trade. In 2022, employees put in $23.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,755,503
Participants with balances70
Active participants125
Employer contributions$17,956
Employee contributions$422,763
Employer contribution per active participant$144
Average account balance$110,793
Benefits paid to participants$579,502
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$51,894
Investment management$5,542
Total administrative$57,436
The Avis Ford Incorporated 401(k) match · 2022
Employer contribution per active participant$144
Median for plans this size$1,114

Avis Ford Incorporated's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$57,436 · 0.68%
Same employer
Similar plansRetail Trade · Michigan
Labadie Auto Company MI$8.6M · 0.75%
Vintage Wine Company MI$8.1M · 0.42%
Intermed, L.L.C. MI$7.7M · 0.76%
Marsh Automotive Group MI$7.6M · 0.78%
Forward Corporation MI$7.5M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381276849 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.