Plan Ledger DOL Form 5500 · updated monthly

Ft. Myers Lincoln Mercury Inc.401(k)

SCANLON AUTO GROUP 401(K) PLAN · FORT MYERS, FL · plan year 2022

Reported admin expense ratio · 2022
0.02%

Ft. Myers Lincoln Mercury Inc. reported $590 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Florida (2,886th of 3,644), and 4,339th of 5,215 in retail trade.

Plan summary
Net assets, end of year$3,033,404
Participants with balances57
Active participants114
Employer contributions—
Employee contributions$235,734
Employer contribution per active participant—
Average account balance$53,218
Benefits paid to participants$236,808
Plan auditUnmodified (clean) audit opinion
AuditorLITMAN GERSON ASSOCIATES LLP
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$590 · 0.02%
Similar plansRetail Trade · Florida
Jenkins Linc-Merc, Inc. FL$3.3M · 0.30%
Smp Acquisition Co. FL$3.3M · 1.20%
Impact Rto Holdings LLC FL$3.3M · 0.70%
Surf Style Retail FL$3.1M · 0.84%
Elite Flower Services FL$2.9M · 2.10%
Deluca Toyota, Inc. FL$2.7M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592039496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.