Plan Ledger DOL Form 5500 · updated monthly

Cronin Ford, Inc.401(k)

CRONIN FORD KIA 401(K) PLAN · HARRISON, OH · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Cronin Ford, Inc. reported $936 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $382 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (2,982nd of 3,295), and 4,603rd of 5,215 in retail trade. In 2022, employees put in $3.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,228,056
Participants with balances68
Active participants234
Employer contributions$89,277
Employee contributions$322,980
Employer contribution per active participant$382
Average account balance$32,766
Benefits paid to participants$150,596
Plan auditUnmodified (clean) audit opinion
AuditorBRADY, WARE & SCHOENFELD, INC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$936
Total administrative$936
The Cronin Ford, Inc. 401(k) match · 2022
Employer contribution per active participant$382
Median for plans this size$1,114

Cronin Ford, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$936 · 0.04%
Same employer
Similar plansRetail Trade · Ohio
Dwa Holdings, Inc. OH$2.7M · 0.64%
Schneider Saddlery LLC OH$2.4M · 0.38%
Duncan Oil Company OH$2.3M · 0.48%
Maumee Valley Group OH$2.3M · 0.39%
David a. Flynn, Inc. OH$2.1M · 0.02%
Lm Acquisition, Inc. OH$1.9M · 0.03%
Kempthorn Motors OH$1.6M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311746164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.