Plan Ledger DOL Form 5500 · updated monthly

Bob Boyd Auto Family401(k)

BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Bob Boyd Auto Family reported $58,754 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $964 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 0.63% to 0.58%. 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 among the smaller plans on file in Ohio (1,918th of 3,295), and the 2,474th of 5,215 in retail trade. In 2024, employees put in $5.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,855,013
Participants with balances113
Active participants121
Employer contributions$116,621
Employee contributions$603,770
Employer contribution per active participant$964
Average account balance$96,062
Benefits paid to participants$446,531
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 113 accts · $117K emplr
2023$9.5M · 103 accts · $117K emplr
2022$8.1M · 108 accts · $121K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,027
Investment management$35,727
Total administrative$58,754
The Bob Boyd Auto Family 401(k) match · 2024
Employer contribution per active participant$964
Median for plans this size$2,416
2024$964 per active participant
2023$1,009 per active participant
2022$1,046 per active participant

Bob Boyd Auto Family'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
JULY BUSINESS SERVICES, LLC · Recordkeeping$23,027
THE JOSEPH GROUP, LLC · Investment advisory (plan)$35,727

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$58,754 · 0.58%
2023$53,997 · 0.61%
2022$54,355 · 0.63%
Similar plansRetail Trade · Ohio
Buckeye Honda OH$11.6M · 0.69%
Grismer Tire Company OH$11.5M · 0.45%
Morris Furniture Co., Inc. OH$11.2M · 0.44%
Beck Suppliers, Inc. OH$10.7M · 0.67%
Icp, Inc. OH$10.6M · 0.59%
Mta Investments, Inc. OH$10.4M · 1.24%
Hissong Group, Inc. OH$10.3M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 310794810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.