Plan Ledger DOL Form 5500 · updated monthly

Mountain View Ford, Inc.401(k)

MOUNTAIN VIEW DEALERSHIPS 401(K) RETIREMENT PLAN · CHATTANOOGA, TN · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Mountain View Ford, Inc. reported $23,370 in plan administrative expenses for 2022: 0.57% of average plan assets, above the peer median. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Tennessee (1,178th of 1,496), and 4,132nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$3,741,145
Participants with balances94
Active participants343
Employer contributions$0
Employee contributions$495,151
Employer contribution per active participant$0
Average account balance$39,799
Benefits paid to participants$452,563
Plan auditUnmodified (clean) audit opinion
The Mountain View Ford, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Mountain View Ford, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$23,370 · 0.57%
Same employer
Similar plansRetail Trade · Tennessee
Old Time Pottery, LLC TN$4.5M · 1.08%
Gary Mathews Motors, Inc. TN$4.3M · 0.11%
Assemblers, Inc. TN$2.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621104705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.