Plan Ledger DOL Form 5500 · updated monthly

Markley Motors, Inc.401(k)

MARKLEY MOTORS, INC. PROFIT SHARING & TAX SHELTERED SAVINGS PLAN · FORT COLLINS, CO · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Markley Motors, Inc. reported $68,696 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,211 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 0.60% to 0.67%. 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 among the smaller plans on file in Colorado (755th of 1,461), and the 2,489th of 5,215 in retail trade. In 2024, employees put in $3.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,776,428
Participants with balances170
Active participants115
Employer contributions$139,253
Employee contributions$540,940
Employer contribution per active participant$1,211
Average account balance$63,391
Benefits paid to participants$981,363
Plan auditUnmodified (clean) audit opinion
AuditorSOUKUP, BUSH & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 170 accts · $139K emplr
2023$9.8M · 163 accts
2022$8.4M · 158 accts · $161K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,927
Investment management$31,293
Audit (IQPA)$6,476
Total administrative$68,696
The Markley Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$1,211
Median for plans this size$2,416
2024$1,211 per active participant
2022$1,377 per active participant

Markley 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$30,927
RBC CAPITAL MARKETS LLC · Consulting · Insurance services$31,293
SOUKUP BUSH & ASSOCIATES PC · Accounting / audit$6,476

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$68,696 · 0.67%
2023$69,562 · 0.76%
2022$58,143 · 0.60%
Same employer
Similar plansRetail Trade · Colorado
Dellenbach Chevrolet, Inc. CO$13.3M · 0.28%
O'Meara Ford Center, Inc. CO$12.6M · 0.13%
The Cigarette Store LLC CO$12.1M · 0.08%
Gevo, Inc. CO$11.7M · 0.44%
Spark Fun Electronics Inc CO$10.3M · 0.12%
Pioneer Sand Company, Inc. CO$10.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840512768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.