Plan Ledger DOL Form 5500 · updated monthly

Bill Pearce Motors, Inc.401(k)

BILL PEARCE MOTORS, INC. 401(K) PROFIT SHARING PLAN · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Bill Pearce Motors, Inc. reported $36,264 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $681 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 0.20% to 0.22%. 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 146th-largest of 437 plans among Nevada employers on file, and the 1,690th of 5,215 in retail trade. In 2024, employees put in $10.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,255,037
Participants with balances198
Active participants161
Employer contributions$109,588
Employee contributions$1,189,273
Employer contribution per active participant$681
Average account balance$87,147
Benefits paid to participants$1,296,260
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 198 accts · $110K emplr
2023$15.4M · 200 accts · $174K emplr
2022$13.2M · 188 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,264
Total administrative$36,264
The Bill Pearce Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$681
Median for plans this size$2,416
2024$681 per active participant
2023$1,033 per active participant
2022$1,911 per active participant

Bill Pearce Motors, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,364
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$36,264 · 0.22%
2023$52,530 · 0.37%
2022$29,060 · 0.20%
Same employer
Similar plansRetail Trade · Nevada
Fairway Chevrolet Co. NV$30.0M · 0.31%
Friendly Ford NV$20.2M · 0.38%
AG1 USA Inc. NV$12.8M · 0.30%
Champion Chevrolet NV$10.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880091622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.