Plan Ledger DOL Form 5500 · updated monthly

Ferguson Pontiac-Gmc, Inc.401(k)

FERGUSON PONTIAC-GMC, INC. 401(K) PLAN · NORMAN, OK · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Ferguson Pontiac-Gmc, Inc. reported $40,395 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $377 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 0.33% to 0.35%. 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 the 362nd-largest of 724 plans among Oklahoma employers on file, and the 2,300th of 5,215 in retail trade. In 2024, employees put in $10.76 for every $1.00 the employer contributed; active participation has grown from 182 to 212 since 2022.

Plan summary
Net assets, end of year$11,832,597
Participants with balances176
Active participants212
Employer contributions$79,861
Employee contributions$859,701
Employer contribution per active participant$377
Average account balance$67,231
Benefits paid to participants$1,470,937
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 176 accts · $80K emplr
2023$10.9M · 171 accts · $78K emplr
2022$9.4M · 175 accts · $88K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,395
Total administrative$40,395
The Ferguson Pontiac-Gmc, Inc. 401(k) match · 2024
Employer contribution per active participant$377
Median for plans this size$2,416
2024$377 per active participant
2023$456 per active participant
2022$484 per active participant

Ferguson Pontiac-Gmc, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$40,394
NICOL INVESTORS CORPORATION · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$40,395 · 0.35%
2023$34,911 · 0.34%
2022$33,944 · 0.33%
Similar plansRetail Trade · Oklahoma
Imperial, LLC OK$14.9M · 1.00%
Atwood Distributing, L.P. OK$14.4M · 0.59%
Nelson Automotive, Inc. OK$13.6M · 0.42%
Pruett's Food, Inc. OK$11.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730763666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.