Plan Ledger DOL Form 5500 · updated monthly

Columbia Ford, Inc.401(k)

COLUMBIA FORD, INC. 401(K) PLAN · COLUMBIA, CT · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Columbia Ford, Inc. reported $65,768 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $643 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 has held roughly steady near 0.50%. 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 among the smaller plans on file in Connecticut (655th of 1,106), and the 1,991st of 5,215 in retail trade. In 2024, employees put in $7.53 for every $1.00 the employer contributed; active participation has grown from 219 to 241 since 2022.

Plan summary
Net assets, end of year$14,216,641
Participants with balances270
Active participants241
Employer contributions$154,958
Employee contributions$1,166,513
Employer contribution per active participant$643
Average account balance$52,654
Benefits paid to participants$486,200
Plan auditUnmodified (clean) audit opinion
AuditorSEWARD & MONDE, CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 270 accts · $155K emplr
2023$11.9M · 255 accts · $144K emplr
2022$9.9M · 242 accts · $145K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,244
Trustee / custodial$30,524
Total administrative$65,768
The Columbia Ford, Inc. 401(k) match · 2024
Employer contribution per active participant$643
Median for plans this size$2,416
2024$643 per active participant
2023$587 per active participant
2022$662 per active participant

Columbia Ford, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,244
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$30,524

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$65,768 · 0.50%
2023$54,673 · 0.50%
2022$54,158 · 0.51%
Same employer
Similar plansRetail Trade · Connecticut
Mitchell Auto Group, Inc. CT$15.3M · 0.48%
Hocon Gas, Inc. CT$15.0M · 0.30%
Dooney and Bourke, Inc. CT$14.6M · 0.62%
Lynch Motors, Inc. CT$13.3M · 0.03%
Bozzuto's, Inc. CT$12.8M · 0.09%
Felix F. Callari, Inc. CT$12.2M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061324745 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.