Plan Ledger DOL Form 5500 · updated monthly

Clermont Motor Sales LLC401(k)

TOYOTA OF CLERMONT 401K PLAN · CLERMONT, FL · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Clermont Motor Sales LLC reported $4,360 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.27% to 0.24%. 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 (3,109th of 3,644), and 4,670th of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,005,893
Participants with balances125
Active participants137
Employer contributions$0
Employee contributions$406,225
Employer contribution per active participant$0
Average account balance$16,047
Benefits paid to participants$341,348
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS, BONE & GRIESBECK PLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 125 accts
2023$1.7M · 123 accts
2022$1.2M · 105 accts · $10K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,360
Total administrative$4,360
The Clermont Motor Sales LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Clermont Motor Sales LLC'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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$4,585
AMERIPRISE FNCL SERV LLC · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,360 · 0.24%
2023$3,712 · 0.26%
2022$3,153 · 0.27%
Similar plansRetail Trade · Florida
Coolstuffinc.com FL$2.1M · 1.08%
Gus Machado Ford, Inc. FL$2.0M · 1.04%
Sftf Holdings, Inc. FL$2.0M · 2.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204196188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.