Plan Ledger DOL Form 5500 · updated monthly

John Vance Motors Inc.401(k)

JOHN VANCE AUTO GROUP 401(K) PLAN · GUTHRIE, OK · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

John Vance Motors Inc. reported $52,710 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $420 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 0.65% to 0.78%. 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 Oklahoma (468th of 724), and 3,199th of 5,215 in retail trade. In 2024, employees put in $6.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,317,431
Participants with balances189
Active participants238
Employer contributions$99,985
Employee contributions$617,774
Employer contribution per active participant$420
Average account balance$38,717
Benefits paid to participants$448,589
Plan auditUnmodified (clean) audit opinion
AuditorROSE ROCK CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 189 accts · $100K emplr
2023$6.2M · 168 accts · $89K emplr
2022$5.1M · 104 accts · $64K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,358
Investment management$1,352
Total administrative$52,710
The John Vance Motors Inc. 401(k) match · 2024
Employer contribution per active participant$420
Median for plans this size$1,313
2024$420 per active participant
2023$369 per active participant
2022$271 per active participant

John Vance Motors Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$51,358

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$52,710 · 0.78%
2023$41,099 · 0.73%
2022$35,576 · 0.65%
Same employer
Similar plansRetail Trade · Oklahoma
Express Credit Auto, LLC. OK$9.7M · 0.69%
Elk Supply Company, LLC OK$8.6M · 0.27%
Oncue Marketing, LLC OK$6.7M · 1.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731580121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.