Plan Ledger DOL Form 5500 · updated monthly

C. Basil Ford, Inc.401(k)

C. BASIL FORD 401(K) PLAN · CHEEKTOWAGA, NY · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

C. Basil Ford, Inc. reported $40,960 in plan administrative expenses for 2023: 0.41% of average plan assets, below the peer median. Employer contributions averaged $789 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 has held roughly steady near 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (3,478th of 5,648), and the 2,441st of 5,215 in retail trade. In 2023, employees put in $7.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,012,217
Participants with balances98
Active participants101
Employer contributions$79,673
Employee contributions$604,856
Employer contribution per active participant$789
Average account balance$112,370
Benefits paid to participants$157,949
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $94K emplr
2023$11.0M · 98 accts · $80K emplr
2022$8.8M · 102 accts · $72K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,960
Total administrative$40,960
The C. Basil Ford, Inc. 401(k) match · 2023
Employer contribution per active participant$789
Median for plans this size$1,308
2023$789 per active participant
2022$753 per active participant

C. Basil Ford, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
LAWLEY RETIREMENT ADVISORS · Contract administrator$12,658
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$1,921
PPS PENSION SERVICES · Contract administrator$1,693
LASALLE STREET SECURITIES LLCindirect 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
2024Not separately reported
2023$40,960 · 0.41%
2022$41,418 · 0.42%
Similar plansRetail Trade · New York
Walker Center, LP NY$11.3M · 0.10%
Exxpress Tire, LLC NY$11.3M · 0.99%
Peck's Market, Inc. NY$11.2M · 0.01%
Denooyer/Metro Auto NY$10.9M · 0.39%
Caastle, Inc. NY$10.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161243987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.