Plan Ledger DOL Form 5500 · updated monthly

Jim Bass Ford, Inc.401(k)

JIM BASS FORD, INC. 401(K) PLAN · SAN ANGELO, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Jim Bass Ford, Inc. reported $7,678 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,032 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 rose from 0.05% to 0.07%. 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 2,765th-largest of 5,688 plans among Texas employers on file, and the 2,249th of 5,215 in retail trade. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 118 to 158 since 2022.

Plan summary
Net assets, end of year$12,149,860
Participants with balances187
Active participants158
Employer contributions$479,075
Employee contributions$796,739
Employer contribution per active participant$3,032
Average account balance$64,973
Benefits paid to participants$778,636
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 187 accts · $479K emplr
2023$10.0M · 119 accts · $377K emplr
2022$7.5M · 113 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75
Investment management$7,603
Total administrative$7,678
The Jim Bass Ford, Inc. 401(k) match · 2024
Employer contribution per active participant$3,032
Median for plans this size$2,416
2024$3,032 per active participant
2023$3,042 per active participant
2022$3,125 per active participant

Jim Bass Ford, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,603

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$7,678 · 0.07%
2023$7,738 · 0.09%
2022$3,537 · 0.05%
Same employer
Similar plansRetail Trade · Texas
John Wiesner, Inc. TX$12.5M · 0.04%
Henna Chevrolet, LP TX$12.3M · 0.05%
Principle TX$12.1M · 0.59%
Frank Kent Cadillac, LLC TX$12.1M · 0.46%
Solo Brands, LLC TX$12.1M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751099335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.