Plan Ledger DOL Form 5500 · updated monthly

Don Hinds Ford, Inc.401(k)

DON HINDS FORD 401(K) · FISHERS, IN · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Don Hinds Ford, Inc. reported $56,269 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $292 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 0.72%. 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 Indiana (978th of 1,562), and 2,993rd of 5,215 in retail trade. In 2024, employees put in $20.17 for every $1.00 the employer contributed; active participation has grown from 122 to 135 since 2022.

Plan summary
Net assets, end of year$8,215,943
Participants with balances124
Active participants135
Employer contributions$39,381
Employee contributions$794,303
Employer contribution per active participant$292
Average account balance$66,258
Benefits paid to participants$819,032
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 124 accts · $39K emplr
2023$7.4M · 110 accts · $35K emplr
2022$6.3M · 116 accts · $36K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,269
Total administrative$56,269
The Don Hinds Ford, Inc. 401(k) match · 2024
Employer contribution per active participant$292
Median for plans this size$1,313
2024$292 per active participant
2023$279 per active participant
2022$291 per active participant

Don Hinds Ford, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$56,269
S B H U LIFE AGENCY INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$56,269 · 0.72%
2023$48,700 · 0.71%
2022$45,669 · 0.70%
Similar plansRetail Trade · Indiana
Don Ayres Pontiac, Inc IN$8.7M · 0.53%
Sac Finance, Inc. IN$8.6M · 0.46%
Alliance Rv, LLC IN$8.5M · 0.91%
Lassus Bros. Oil, Inc. IN$7.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350361768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.