Plan Ledger DOL Form 5500 · updated monthly

McMahon Ford Company401(k)

MCMAHON FORD SAVINGS PLAN · ST LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

McMahon Ford Company reported $34,072 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $965 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 3 years on file its reported administrative ratio has held roughly steady near 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 among the smaller plans on file in Missouri (821st of 1,393), and the 2,540th of 5,215 in retail trade. In 2024, employees put in $3.19 for every $1.00 the employer contributed; active participation has shrunk from 148 to 129 since 2022.

Plan summary
Net assets, end of year$10,481,731
Participants with balances135
Active participants129
Employer contributions$124,528
Employee contributions$396,687
Employer contribution per active participant$965
Average account balance$77,642
Benefits paid to participants$1,126,702
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 135 accts · $125K emplr
2023$9.8M · 134 accts · $56K emplr
2022$8.8M · 120 accts · $62K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,870
Trustee / custodial$32,202
Total administrative$34,072
The McMahon Ford Company 401(k) match · 2024
Employer contribution per active participant$965
Median for plans this size$2,416
2024$965 per active participant
2023$378 per active participant
2022$420 per active participant

McMahon Ford Company'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 · 20241
BENEFIT TRUST CO · Trustee · Trustee (discretionary)$32,202

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

Administrative cost history3
2024$34,072 · 0.34%
2023$31,841 · 0.34%
2022$33,303 · 0.35%
Same employer
Similar plansRetail Trade · Missouri
Chris Auffenberg Ford, Inc. MO$12.0M · 0.57%
St Charles Nissan, Inc MO$11.8M · 0.35%
Frank Leta Holding Co. MO$10.4M · 0.20%
Ancap Management, Inc. MO$10.2M · 0.08%
Sarann Auto Leasing, Inc. MO$9.7M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431063665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.