Plan Ledger DOL Form 5500 · updated monthly

Beau Townsend Ford, Inc.401(k)

BEAU TOWNSEND FORD, INC. 401(K) PLAN · VANDALIA, OH · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Beau Townsend Ford, Inc. reported $40,823 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $198 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 fell from 0.87% to 0.45%. 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 Ohio (2,071st of 3,295), and 2,805th of 5,215 in retail trade. In 2024, employees put in $13.80 for every $1.00 the employer contributed; active participation has grown from 207 to 252 since 2022.

Plan summary
Net assets, end of year$9,178,979
Participants with balances106
Active participants252
Employer contributions$50,000
Employee contributions$690,067
Employer contribution per active participant$198
Average account balance$86,594
Benefits paid to participants$1,459,932
Plan auditUnmodified (clean) audit opinion
AuditorBARDON & BRACKMAN CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 106 accts · $50K emplr
2023$9.1M · 108 accts · $50K emplr
2022$7.6M · 107 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,823
Total administrative$40,823
The Beau Townsend Ford, Inc. 401(k) match · 2024
Employer contribution per active participant$198
Median for plans this size$1,313
2024$198 per active participant
2023$210 per active participant
2022$242 per active participant

Beau Townsend Ford, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20247
PROACCOUNT · Investment advisory (participants)$15,086
TRINITY PENSION CONSULTANTS · Contract administrator$11,813
EDWARD D JONES & CO LP · Investment advisory (plan)$7,863
NATIONWIDE · Investment advisory (participants)$1,827
MORNINGSTAR INC$922
EMPOWER ADVISORY GROUP, LLC · Investment management$95

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$40,823 · 0.45%
2023$71,971 · 0.86%
2022$71,157 · 0.87%
Same employer
Similar plansRetail Trade · Ohio
Shaffer Distributing Co. OH$9.6M · 0.59%
Trademark Global, LLC OH$9.5M · 0.73%
Oki Furniture Fair LLC OH$9.2M · 0.62%
Redline Equipment Co. OH$9.1M · 0.70%
Marhofer Chevrolet Inc. OH$9.0M · 1.30%
Spiraledge, Inc OH$9.0M · 0.25%
Smyth Automotive, Inc. OH$9.0M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 310876107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.