Plan Ledger DOL Form 5500 · updated monthly

Continental Motor Company, Inc.401(k)

CONTINENTAL MOTOR COMPANY INC 401(K) PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Continental Motor Company, Inc. reported $62,656 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $690 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 0.46%. 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 Alaska (87th of 160), and the 1,949th of 5,215 in retail trade. In 2024, employees put in $7.89 for every $1.00 the employer contributed; active participation has grown from 168 to 187 since 2022.

Plan summary
Net assets, end of year$14,565,151
Participants with balances237
Active participants187
Employer contributions$128,988
Employee contributions$1,017,687
Employer contribution per active participant$690
Average account balance$61,456
Benefits paid to participants$770,477
Plan auditUnmodified (clean) audit opinion
AuditorSWALLING & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 237 accts · $129K emplr
2023$12.9M · 262 accts · $112K emplr
2022$11.3M · 218 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,779
Investment management$27,877
Total administrative$62,656
The Continental Motor Company, Inc. 401(k) match · 2024
Employer contribution per active participant$690
Median for plans this size$2,416
2024$690 per active participant
2023$613 per active participant
2022$581 per active participant

Continental Motor Company, 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$25,000
EMPOWER ADVISORY GROUP, LLC · Investment management$2,877

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$62,656 · 0.46%
2023$53,395 · 0.44%
2022$53,444 · 0.44%
Same employer
Similar plansRetail Trade · Alaska
Three Bears Alaska, Inc. AK$8.4M · 1.34%
Hames Corporation AK$5.1M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920040159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.