Plan Ledger DOL Form 5500 · updated monthly

Bozard Ford Company401(k)

BOZARD FORD COMPANY EMPLOYEES' 401(K) SAVINGS & PROTECTION PLAN · ST. AUGUSTINE, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Bozard Ford Company reported $5,591 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $377 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 0.082% to 0.077%. 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 (2,034th of 3,644), and 3,070th of 5,215 in retail trade. In 2024, employees put in $8.10 for every $1.00 the employer contributed; active participation has grown from 220 to 373 since 2022.

Plan summary
Net assets, end of year$7,882,930
Participants with balances169
Active participants373
Employer contributions$140,539
Employee contributions$1,138,903
Employer contribution per active participant$377
Average account balance$46,645
Benefits paid to participants$773,637
Plan auditUnmodified (clean) audit opinion
AuditorMASTERS, SMITH AND WISBY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 169 accts · $141K emplr
2023$6.6M · 138 accts · $127K emplr
2022$4.9M · 124 accts · $110K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,591
Total administrative$5,591
The Bozard Ford Company 401(k) match · 2024
Employer contribution per active participant$377
Median for plans this size$1,313
2024$377 per active participant
2023$521 per active participant
2022$501 per active participant

Bozard Ford Company's 2024 employer contribution ran below the $1,313 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
RETIREMENT SOLUTIONS SPECIALISTS · Contract administrator$3,660

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$5,591 · 0.08%
2023$4,273 · 0.07%
2022$4,094 · 0.08%
Same employer
Similar plansRetail Trade · Florida
Jeunesse, LLC FL$8.1M · 0.47%
Grace Wins, LLC FL$7.9M · 0.79%
Detwilers Operations Inc. FL$7.9M · 0.63%
L.P. Industries, Inc. FL$7.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591741580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.