Plan Ledger DOL Form 5500 · updated monthly

Fletcher Jones Management Group, LLC401(k)

FLETCHER JONES AUTOMOTIVE GROUP EMPLOYEE 401(K) RETIREMENT PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Fletcher Jones Management Group, LLC reported $248,031 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,072 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 0.12% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 21st-largest of 437 plans among Nevada employers on file, and the 240th of 5,215 in retail trade. In 2024, employees put in $6.80 for every $1.00 the employer contributed; active participation has grown from 1,772 to 2,046 since 2022.

Plan summary
Net assets, end of year$169,991,849
Participants with balances3,144
Active participants2,046
Employer contributions$2,193,320
Employee contributions$14,922,975
Employer contribution per active participant$1,072
Average account balance$54,069
Benefits paid to participants$19,978,534
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$170.0M · 3,144 accts · $2.2M emplr
2023$151.8M · 2,970 accts · $2.3M emplr
2022$116.6M · 2,491 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,459
Investment management$86,572
Audit (IQPA)$15,000
Total administrative$248,031
The Fletcher Jones Management Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,072
Median for plans this size$3,635
2024$1,072 per active participant
2023$1,170 per active participant
2022$1,135 per active participant

Fletcher Jones Management Group, LLC's 2024 employer contribution ran below the $3,635 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 · 20244
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$161,439
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$75,532
CHERRY BEKAERT · Accounting / audit$15,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,040

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$248,031 · 0.15%
2023$192,235 · 0.14%
2022$154,012 · 0.12%
Similar plansRetail Trade · Nevada
John Fabick Tractor Company MO$181.2M · 0.04%
Hermes of Paris, Inc. NY$178.4M · 0.11%
West Herr Ford, Inc. NY$176.5M · 0.12%
Discount Drug Mart, Inc. OH$169.4M · 0.10%
Jordans Furniture, Inc. MA$169.3M · 0.18%
Deckers Outdoor Corporation CA$168.3M · 0.20%
Carter-Jones Companies, Inc. OH$167.4M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 813843265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.