Plan Ledger DOL Form 5500 · updated monthly

Bob Sight Ford, Inc.401(k)

BOB SIGHT FORD, INC. PROFIT SHARING 401(K) PLAN & TRUST · LEE S SUMMIT, MO · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Bob Sight Ford, Inc. reported $2,375 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $686 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 0.02% to 0.04%. 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 Missouri (1,001st of 1,393), and 3,368th of 5,215 in retail trade. In 2024, employees put in $6.26 for every $1.00 the employer contributed; active participation has grown from 93 to 115 since 2022.

Plan summary
Net assets, end of year$6,514,131
Participants with balances165
Active participants115
Employer contributions$78,903
Employee contributions$493,576
Employer contribution per active participant$686
Average account balance$39,480
Benefits paid to participants$233,662
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 165 accts · $79K emplr
2023$5.3M · 163 accts · $57K emplr
2022$4.5M · 158 accts · $97K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,375
Total administrative$2,375
The Bob Sight Ford, Inc. 401(k) match · 2024
Employer contribution per active participant$686
Median for plans this size$1,313
2024$686 per active participant
2023$545 per active participant
2022$1,044 per active participant

Bob Sight Ford, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20243
EIP CORP · Contract administrator$986
EMPOWER ADVISORY GROUP, LLC · Investment management$273

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$2,375 · 0.04%
2023$1,785 · 0.04%
2022$1,236 · 0.02%
Same employer
Similar plansRetail Trade · Missouri
Scrubs & Beyond LLC MO$8.0M · 0.21%
Midwest Petroleum Company MO$6.8M · 0.27%
Woods Supermarket, Inc. MO$6.4M · 0.93%
Grd 2033, Inc. MO$6.2M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431595091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.