Plan Ledger DOL Form 5500 · updated monthly

Heiser Ford, Inc.401(k)

HEISER AUTOMOBILE DEALERSHIPS 401(K) PROFIT SHARING PLAN · GLENDALE, WI · plan year 2023

Reported admin expense ratio · 2023
0.55%

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

Heiser Ford, Inc. reported $65,432 in plan administrative expenses for 2023: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $497 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 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Wisconsin (1,134th of 1,936), and the 2,105th of 5,215 in retail trade. In 2023, employees put in $9.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,188,261
Participants with balances318
Active participants231
Employer contributions$114,885
Employee contributions$1,121,312
Employer contribution per active participant$497
Average account balance$41,473
Benefits paid to participants$809,511
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS BLUM
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 336 accts · $104K emplr
2023$13.2M · 318 accts · $115K emplr
2022$10.6M · 329 accts · $134K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,486
Investment management$50,046
Audit (IQPA)$9,900
Total administrative$65,432
The Heiser Ford, Inc. 401(k) match · 2023
Employer contribution per active participant$497
Median for plans this size$2,440
2024$466 per active participant
2023$497 per active participant
2022$598 per active participant

Heiser Ford, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$55,532
VRAKAS BLUM · Accounting / audit$9,900

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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Administrative cost history3
2024$76,186 · 0.58%
2023$65,432 · 0.55%
2022$78,646 · 0.65%
Same employer
Similar plansRetail Trade · Wisconsin
Swiderski Equipment, Inc. WI$13.5M · 0.47%
Home Run Auto Group WI$13.2M · 0.53%
Metcalfe Markets Inc WI$13.2M · 0.40%
Andrew Chevrolet, Inc. WI$12.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391181428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.