Plan Ledger DOL Form 5500 · updated monthly

Heller Ford Sales, Inc.401(k)

HELLER 401(K) PLAN · EL PASO, IL · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Heller Ford Sales, Inc. reported $81,439 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,262 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 0.54% to 0.49%. 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 1,795th-largest of 3,702 plans among Illinois employers on file, and the 1,619th of 5,215 in retail trade. In 2024, employees put in $3.29 for every $1.00 the employer contributed; active participation has grown from 193 to 223 since 2022.

Plan summary
Net assets, end of year$18,012,289
Participants with balances197
Active participants223
Employer contributions$281,447
Employee contributions$927,335
Employer contribution per active participant$1,262
Average account balance$91,433
Benefits paid to participants$499,188
Plan auditUnmodified (clean) audit opinion
AuditorDUNBAR, BREITWEISER & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 197 accts · $281K emplr
2023$14.9M · 171 accts · $259K emplr
2022$11.8M · 156 accts · $253K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,439
Total administrative$81,439
The Heller Ford Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$1,262
Median for plans this size$2,416
2024$1,262 per active participant
2023$1,398 per active participant
2022$1,311 per active participant

Heller Ford Sales, 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 · 20242
JOHN HANCOCK USA · Recordkeeping · Investment management$5,939
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)$38,880

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$81,439 · 0.49%
2023$70,212 · 0.52%
2022$69,035 · 0.54%
Same employer
Similar plansRetail Trade · Illinois
Universal Pool Company, Inc IL$19.1M · 0.27%
Sunset Food Mart, Inc. IL$18.8M · 0.01%
Winston Brands, Inc. IL$18.6M · 0.63%
Loeber Motors, Inc. IL$18.4M · 0.14%
Coffman Truck Sales, Inc. IL$18.0M · 0.09%
Dan Wolf Automotive Group IL$17.3M · 0.60%
West Jeff Auto Sales IL$16.5M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 371015200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.