Plan Ledger DOL Form 5500 · updated monthly

Larson Motors, Inc.401(k)

LARSON MOTORS, INC. 401(K) PLAN · FIFE, WA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Larson Motors, Inc. reported $49,426 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $864 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 0.28% to 0.34%. 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 830th-largest of 1,714 plans among Washington employers on file, and the 1,864th of 5,215 in retail trade. In 2024, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,449,768
Participants with balances544
Active participants424
Employer contributions$366,478
Employee contributions$1,271,165
Employer contribution per active participant$864
Average account balance$28,400
Benefits paid to participants$1,447,347
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 544 accts · $366K emplr
2023$13.6M · 491 accts · $487K emplr
2022$12.3M · 520 accts · $573K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,567
Investment management$15,859
Total administrative$49,426
The Larson Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$864
Median for plans this size$2,416
2024$864 per active participant
2023$1,231 per active participant
2022$1,271 per active participant

Larson Motors, 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 · 20243
SPECTRUM PENSION CONSULTANTS, INC. · Contract administrator · Recordkeeping$33,567
ASSUREDPARTNERS INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$8,213
FORTUNE 360 GROUP · Investment advisory (participants) · Investment advisory (plan)$7,646

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

Recordkeeper by year2
2024SPECTRUM PENSION CONSULTANTS, INC.
2023SPECTRUM PENSION CONSULTANTS, INC.

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Administrative cost history3
2024$49,426 · 0.34%
2023$45,646 · 0.35%
2022$35,105 · 0.28%
Same employer
Similar plansRetail Trade · Washington
Spaldings, Inc. WA$16.6M · 0.02%
Bud Clary Chevrolet, Inc. WA$16.0M · 0.90%
Card Kingdom, Inc. WA$13.4M · 0.67%
Tal Holdings, LLC WA$13.3M · 0.72%
Uhlmann Holding Company WA$13.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910749566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.