Plan Ledger DOL Form 5500 · updated monthly

Dave Wright Nissan Subaru, Inc.401(k)

DAVE WRIGHT NISSAN SUBARU, INC. 401(K) PLAN · HIAWATHA, IA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Dave Wright Nissan Subaru, Inc. reported $20,329 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,924 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 0.29% to 0.35%. 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 Iowa (665th of 878), and 3,453rd of 5,215 in retail trade. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 56 to 65 since 2022.

Plan summary
Net assets, end of year$6,175,872
Participants with balances112
Active participants65
Employer contributions$125,031
Employee contributions$294,706
Employer contribution per active participant$1,924
Average account balance$55,142
Benefits paid to participants$579,466
Plan auditUnmodified (clean) audit opinion
AuditorBGHN ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 112 accts · $125K emplr
2023$5.6M · 109 accts · $143K emplr
2022$4.7M · 130 accts · $168K emplr
The Dave Wright Nissan Subaru, Inc. 401(k) match · 2024
Employer contribution per active participant$1,924
Median for plans this size$1,313
2024$1,924 per active participant
2023$2,300 per active participant
2022$3,005 per active participant

Dave Wright Nissan Subaru, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20241
AMERICAN TRUST COMPANY · Loan processing · Participant communication$20,329

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

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

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

Administrative cost history3
2024$20,329 · 0.35%
2023$20,015 · 0.39%
2022$14,561 · 0.29%
Similar plansRetail Trade · Iowa
Elliott Oil Company IA$9.9M · 0.48%
Ed Stivers Ford, Inc. IA$6.0M · 0.42%
Community Motor Co., Inc. IA$5.9M · 0.09%
Vaughn Chevrolet, Inc. IA$4.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420938412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.