Plan Ledger DOL Form 5500 · updated monthly

Ford Audio-Video Systems, LLC401(k)

FORD AUDIO-VIDEO SYSTEMS, LLC 401(K) RETIREMENT PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Ford Audio-Video Systems, LLC reported $66,813 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $972 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 fell from 0.26% to 0.24%. 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 176th-largest of 724 plans among Oklahoma employers on file, and the 1,009th of 5,215 in retail trade. In 2024, employees put in $3.43 for every $1.00 the employer contributed; active participation has grown from 324 to 545 since 2022.

Plan summary
Net assets, end of year$30,594,183
Participants with balances389
Active participants545
Employer contributions$529,754
Employee contributions$1,817,819
Employer contribution per active participant$972
Average account balance$78,648
Benefits paid to participants$1,450,703
Plan auditUnmodified (clean) audit opinion
AuditorPETERS & CHANDLER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$30.6M · 389 accts · $530K emplr
2023$26.0M · 357 accts · $476K emplr
2022$21.4M · 351 accts · $455K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,287
Investment management$24,526
Total administrative$66,813
The Ford Audio-Video Systems, LLC 401(k) match · 2024
Employer contribution per active participant$972
Median for plans this size$2,416
2024$972 per active participant
2023$1,340 per active participant
2022$1,403 per active participant

Ford Audio-Video Systems, LLC'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$42,287
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$9,270
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$9,270
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,986

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$66,813 · 0.24%
2023$60,639 · 0.26%
2022$60,543 · 0.26%
Same employer
Similar plansRetail Trade · Oklahoma
Crest Discount Foods, Inc. OK$54.1M · 0.33%
Western Equipment, LLC OK$52.4M · 0.25%
Bob Moore Auto Group, LLC OK$46.0M · 0.44%
Hac, Inc. OK$28.0M · 0.53%
Eskridge Auto Group, Inc. OK$27.7M · 0.23%
Name Brands, Inc. OK$25.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730947837 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.