Plan Ledger DOL Form 5500 · updated monthly

Beck Auto Sales, Inc.401(k)

BECK AUTO SALES, INC. 401(K) PLAN · PALATKA, FL · plan year 2024

Reported admin expense ratio · 2024
0.53%

Beck Auto Sales, Inc. reported $36,111 in plan administrative expenses for 2024: 0.53% of average plan assets, above the peer median. 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 0.59% to 0.53%. 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 Florida (2,168th of 3,644), and 3,262nd of 5,215 in retail trade. active participation has grown from 289 to 324 since 2022.

Plan summary
Net assets, end of year$6,935,898
Participants with balances129
Active participants324
Employer contributions—
Employee contributions$293,420
Employer contribution per active participant—
Average account balance$53,767
Benefits paid to participants$935,909
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA AND ALVAREZ, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 129 accts
2023$6.6M · 148 accts
2022$6.1M · 166 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,264
Investment management$12,847
Total administrative$36,111
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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$2,216
WIREGRASS ASSET MANAGEMENT · Investment advisory (participants)$12,847

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,111 · 0.53%
2023$33,464 · 0.53%
2022$35,719 · 0.59%
Similar plansRetail Trade · Florida
Arnott Industries, Inc. FL$6.9M · 0.52%
Proctor & Proctor, Inc. FL$6.6M · 0.74%
Plantation Sales, Inc. FL$6.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593157547 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.