Koons Ford of Annapolis, Inc.401(k)
KOONS FORD OF ANNAPOLIS, INC. 401(K) PROFIT SHARING PLAN · ANNAPOLIS, MD · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Koons Ford of Annapolis, Inc. reported $40,866 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $655 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 0.40% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Maryland (917th of 1,671), and 2,717th of 4,246 in wholesale trade. In 2024, employees put in $9.75 for every $1.00 the employer contributed; active participation has shrunk from 81 to 71 since 2022.
Koons Ford of Annapolis, 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Koons Ford of Annapolis, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 520894275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.