Plan Ledger DOL Form 5500 · updated monthly

Bob Turners Ford Country, Inc. dba Power Ford401(k)

POWER FORD 401(K) PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
1.15%

Bob Turners Ford Country, Inc. dba Power Ford reported $27,085 in plan administrative expenses for 2024: 1.15% of average plan assets, higher than ~75% of peers. 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 3 years on file its reported administrative ratio rose from 0.84% to 0.90%. 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 New Mexico (228th of 290), and 4,489th of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,597,253
Participants with balances112
Active participants142
Employer contributions—
Employee contributions$350,826
Employer contribution per active participant—
Average account balance$23,190
Benefits paid to participants$356,057
Plan auditUnmodified (clean) audit opinion
AuditorPULAKOS CPAS PC
Plan history3
Yearassets · accounts · employer contribution
2025$2.6M · 115 accts
2024$2.6M · 112 accts
2022$1.8M · 51 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,629
Investment management$6,456
Total administrative$27,085
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.

Administrative cost history3
2025$23,152 · 0.90%
2024$27,085 · 1.15%
2022$17,786 · 0.84%
Same employer
Similar plansRetail Trade · New Mexico
Borman Motor Company LLC NM$4.2M · 0.03%
Bell Gas, Incorporated NM$1.3M · 0.89%
Desert Sun Motors, Inc. NM$1.3M · 0.77%
Builders Source, Inc. NM$1K · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850381189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.