Plan Ledger DOL Form 5500 · updated monthly

Ciocca Ford of Quakertown Inc401(k)

CIOCCA FORD OF QUAKERTOWN 401(K) PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Ciocca Ford of Quakertown Inc reported $68,596 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,088 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 0.11% to 0.14%. 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 704th-largest of 3,651 plans among Pennsylvania employers on file, and the 584th of 5,215 in retail trade. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 1,130 to 1,955 since 2022.

Plan summary
Net assets, end of year$57,855,351
Participants with balances2,017
Active participants1,955
Employer contributions$2,126,675
Employee contributions$7,022,834
Employer contribution per active participant$1,088
Average account balance$28,684
Benefits paid to participants$5,605,122
Plan auditUnmodified (clean) audit opinion
AuditorBOYER & RITTER
Plan history3
Yearassets · accounts · employer contribution
2024$57.9M · 2,017 accts · $2.1M emplr
2023$40.8M · 1,406 accts · $1.7M emplr
2022$29.0M · 1,272 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,909
Investment management$5,687
Audit (IQPA)$24,000
Total administrative$68,596
The Ciocca Ford of Quakertown Inc 401(k) match · 2024
Employer contribution per active participant$1,088
Median for plans this size$2,416
2024$1,088 per active participant
2023$1,442 per active participant
2022$1,038 per active participant

Ciocca Ford of Quakertown Inc's 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,909
BOYER & RITTER LLC · Accounting / audit$24,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,687

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$68,596 · 0.14%
2023$42,856 · 0.12%
2022$30,649 · 0.11%
Similar plansRetail Trade · Pennsylvania
Davids Bridal, Inc. PA$66.5M · 0.34%
Davids Bridal, Inc. PA$66.1M · 0.26%
Thompson Motor Group, Inc. PA$57.2M · 0.33%
Diamond Drugs, Inc. PA$47.4M · 0.01%
Pentech Holdings Inc. PA$44.4M · 0.21%
Everfast, Inc. PA$39.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232715152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.