Plan Ledger DOL Form 5500 · updated monthly

Future Ford, Inc.401(k)

FUTURE AUTOMOTIVE GROUP 401(K) PLAN · ROSEVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Future Ford, Inc. reported $130,711 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $335 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 0.40% to 0.29%. 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 1,803rd-largest of 9,483 plans among California employers on file, and the 662nd of 5,215 in retail trade. In 2024, employees put in $11.09 for every $1.00 the employer contributed; active participation has grown from 830 to 1,180 since 2022.

Plan summary
Net assets, end of year$48,724,563
Participants with balances660
Active participants1,180
Employer contributions$395,418
Employee contributions$4,385,637
Employer contribution per active participant$335
Average account balance$73,825
Benefits paid to participants$2,158,700
Plan auditUnmodified (clean) audit opinion
AuditorPOMARES&COMPANY,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$48.7M · 660 accts · $395K emplr
2023$40.4M · 633 accts · $367K emplr
2022$33.3M · 621 accts · $323K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,526
Investment management$65,639
Audit (IQPA)$18,546
Total administrative$130,711
The Future Ford, Inc. 401(k) match · 2024
Employer contribution per active participant$335
Median for plans this size$2,416
2024$335 per active participant
2023$403 per active participant
2022$389 per active participant

Future Ford, 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 · 20244
ALLWORTH FINANCIAL · Investment advisory (plan)$55,629
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,526
POMARES & CO. · Accounting / audit$18,546
SECURITIES AMERICA ADVISOR INC · Investment advisory (plan)$10,010

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$130,711 · 0.29%
2023$127,812 · 0.35%
2022$144,613 · 0.40%
Same employer
Similar plansRetail Trade · California
Hims, Inc. CA$54.2M · 0.49%
Brighton Collectibles, LLC CA$49.5M · 0.04%
Prm Corporation CA$47.1M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 942729275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.