Plan Ledger DOL Form 5500 · updated monthly

Carsforsale.com401(k)

CARSFORSALE 401K · SIOUX FALLS, SD · plan year 2025

Reported admin expense ratio · 2025
0.85%

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

Carsforsale.com reported $59,283 in plan administrative expenses for 2025: 0.85% of average plan assets, above the peer median. Employer contributions averaged $2,119 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 3 years on file its reported administrative ratio fell from 0.97% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in South Dakota (162nd of 233), and 8,943rd of 11,654 in professional & technical services. In 2025, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,313,564
Participants with balances155
Active participants133
Employer contributions$281,863
Employee contributions$657,902
Employer contribution per active participant$2,119
Average account balance$47,184
Benefits paid to participants$1,427,091
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$7.3M · 155 accts · $282K emplr
2024$6.7M · 158 accts · $267K emplr
2023$5.3M · 153 accts · $275K emplr
2022$4.1M · 147 accts · $267K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$59,283
Total administrative$59,283
The Carsforsale.com 401(k) match · 2025
Employer contribution per active participant$2,119
Median for plans this size$1,464
2025$2,119 per active participant
2024$1,990 per active participant
2023$2,065 per active participant
2022$1,951 per active participant

Carsforsale.com's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$42,558
CAPITAL GROUP RETIREMENT PLAN SERVI$13,215
TSC 401K · Contract administrator$3,509

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

Administrative cost history4
2025$59,283 · 0.85%
2024$61,023 · 1.02%
2023$51,778 · 1.10%
2022$43,000 · 0.97%
Similar plansProfessional & Technical Services · South Dakota
Ketel Thorstenson, LLP SD$35.5M · 0.32%
Primary Surgical, Inc. SD$26.7M · 0.29%
Global Wireless, Inc. SD$11.3M · 0.96%
Tak Communications, Inc. SD$6.8M · 0.75%
Issues Management, Inc SD$5.9M · 1.24%
Dt-Trak Consulting, Inc. SD$611K · 2.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201612530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.