Plan Ledger DOL Form 5500 · updated monthly

Charles Gabus Ford, Inc.401(k)

CHARLES GABUS FORD, INC. 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Charles Gabus Ford, Inc. reported $154,819 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,978 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 0.37% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 265th-largest of 878 plans among Iowa employers on file, and the 933rd of 5,215 in retail trade. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,939,175
Participants with balances366
Active participants336
Employer contributions$1,000,769
Employee contributions$1,880,014
Employer contribution per active participant$2,978
Average account balance$92,730
Benefits paid to participants$4,705,797
Plan auditUnmodified (clean) audit opinion
AuditorBOYER & RITTER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$33.9M · 366 accts · $1.0M emplr
2023$32.4M · 387 accts · $979K emplr
2022$27.7M · 380 accts · $983K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,647
Investment management$32,172
Total administrative$154,819
The Charles Gabus Ford, Inc. 401(k) match · 2024
Employer contribution per active participant$2,978
Median for plans this size$2,416
2024$2,978 per active participant
2023$2,914 per active participant
2022$2,876 per active participant

Charles Gabus Ford, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$32,172

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$154,819 · 0.47%
2023$103,438 · 0.34%
2022$110,024 · 0.37%
Same employer
Similar plansRetail Trade · Iowa
Trivista Companies, Inc. IA$36.6M · 0.25%
Storey-Kenworthy Company IA$34.3M · 0.33%
Spahn & Rose Lumber Co. IA$34.3M · 0.30%
Karl Chevrolet, Inc. IA$31.2M · 0.45%
Arnold Motor Supply, LLP IA$28.1M · 0.40%
Sioux City Truck Sales IA$23.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420948111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.