Plan Ledger DOL Form 5500 · updated monthly

Kerry Ford Inc401(k)

KERRY FORD INC. EMPLOYEE SAVINGS & RETIREMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.57%

Kerry Ford Inc reported $80,851 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. 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 0.54% to 0.57%. 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 1,598th-largest of 3,295 plans among Ohio employers on file, and the 1,904th of 5,215 in retail trade.

Plan summary
Net assets, end of year$14,979,364
Participants with balances361
Active participants335
Employer contributions—
Employee contributions$1,269,033
Employer contribution per active participant—
Average account balance$41,494
Benefits paid to participants$1,306,839
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE AND MORAN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 361 accts
2023$13.3M · 371 accts · $8K emplr
2022$10.6M · 357 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,666
Investment management$55,185
Total administrative$80,851
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 · 20243
VALMARK SECURITIES INC. · Recordkeeping · Trustee$27,592
ADP, INC. · Loan processing · Recordkeeping$25,666
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, VALMARK SECURITIES INC.
2023ADP, VALMARK SECURITIES INC.

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Administrative cost history3
2024$80,851 · 0.57%
2023$36,474 · 0.31%
2022$61,371 · 0.54%
Same employer
Similar plansRetail Trade · Ohio
Valley Ford Truck, Inc. OH$15.2M · 0.25%
Dave White Chevrolet, Inc. OH$15.0M · 0.66%
Brondes Ford, Inc. OH$14.7M · 0.49%
Thirty-One Gifts, LLC OH$14.5M · 0.04%
Wayside Furniture Inc. OH$14.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310729115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.