Plan Ledger DOL Form 5500 · updated monthly

Future Ford of Concord, LLC401(k)

FUTURE FORD OF CONCORD 401(K) PLAN · CONCORD, CA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Future Ford of Concord, LLC reported $54,209 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,925 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 0.65% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,500th of 9,483), and 2,654th of 5,215 in retail trade. In 2024, employees put in $3.40 for every $1.00 the employer contributed; active participation has grown from 162 to 185 since 2022.

Plan summary
Net assets, end of year$9,851,903
Participants with balances220
Active participants185
Employer contributions$356,180
Employee contributions$1,210,023
Employer contribution per active participant$1,925
Average account balance$44,781
Benefits paid to participants$854,770
Plan auditUnmodified (clean) audit opinion
AuditorPOMARES & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 220 accts · $356K emplr
2023$8.1M · 233 accts · $413K emplr
2022$6.4M · 187 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,294
Investment management$34,915
Total administrative$54,209
The Future Ford of Concord, LLC 401(k) match · 2024
Employer contribution per active participant$1,925
Median for plans this size$1,313
2024$1,925 per active participant
2023$2,401 per active participant
2022$2,271 per active participant

Future Ford of Concord, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$16,170
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$12,427
EMPOWER ADVISORY GROUP, LLC · Investment management$6,318

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$54,209 · 0.60%
2023$42,857 · 0.59%
2022$41,467 · 0.65%
Similar plansRetail Trade · California
Samys Camera, Inc. CA$9.9M · 0.61%
Kiwico, Inc. CA$9.9M · 0.18%
South Bay Ford CA$9.9M · 0.49%
Shift Technologies, Inc. CA$9.8M · 0.89%
My Chevrolet, Inc. CA$9.7M · 0.72%
Hassan & Sons, Inc. CA$9.6M · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450540061 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.