Plan Ledger DOL Form 5500 · updated monthly

Leif Johnson Ford II, LTD401(k)

LEIF JOHNSON FORD II,LTD 401(K) SALARY REDUCTION PLAN AND TRUST · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Leif Johnson Ford II, LTD reported $72,381 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,335 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 0.56% to 0.60%. 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 2,670th-largest of 5,688 plans among Texas employers on file, and the 2,150th of 5,215 in retail trade. In 2024, employees put in $2.90 for every $1.00 the employer contributed; active participation has grown from 329 to 410 since 2022.

Plan summary
Net assets, end of year$12,921,536
Participants with balances349
Active participants410
Employer contributions$547,470
Employee contributions$1,589,998
Employer contribution per active participant$1,335
Average account balance$37,024
Benefits paid to participants$1,855,342
Plan auditUnmodified (clean) audit opinion
AuditorPOMARES & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 349 accts · $547K emplr
2023$11.2M · 338 accts · $481K emplr
2022$8.3M · 318 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,508
Investment management$29,873
Total administrative$72,381
The Leif Johnson Ford II, LTD 401(k) match · 2024
Employer contribution per active participant$1,335
Median for plans this size$2,416
2024$1,335 per active participant
2023$1,310 per active participant
2022$628 per active participant

Leif Johnson Ford II, LTD's 2024 employer contribution ran below 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$42,507
NFP RETIREMENT · Investment advisory (plan)$29,873

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$72,381 · 0.60%
2023$48,482 · 0.50%
2022$51,392 · 0.56%
Same employer
Similar plansRetail Trade · Texas
Gillman North, LLC TX$13.0M · 0.47%
Autobahn Imports, LP TX$13.0M · 0.99%
Kent Distributors, Inc. TX$12.9M · 0.71%
John Wiesner, Inc. TX$12.5M · 0.04%
Henna Chevrolet, LP TX$12.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742922240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.