Plan Ledger DOL Form 5500 · updated monthly

Ourisman Fairfax Toyota401(k)

OURISMAN FAIRFAX TOYOTA 401(K) PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Ourisman Fairfax Toyota reported $185,520 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $666 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 0.46%. 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 563rd-largest of 2,266 plans among Virginia employers on file, and the 747th of 5,215 in retail trade. In 2024, employees put in $6.21 for every $1.00 the employer contributed; active participation has grown from 496 to 572 since 2022.

Plan summary
Net assets, end of year$42,174,315
Participants with balances572
Active participants572
Employer contributions$380,764
Employee contributions$2,365,515
Employer contribution per active participant$666
Average account balance$73,731
Benefits paid to participants$2,657,056
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.2M · 572 accts · $381K emplr
2023$37.9M · 593 accts · $370K emplr
2022$31.6M · 572 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,571
Total administrative$185,520
The Ourisman Fairfax Toyota 401(k) match · 2024
Employer contribution per active participant$666
Median for plans this size$2,416
2024$666 per active participant
2023$726 per active participant
2022$760 per active participant

Ourisman Fairfax Toyota'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 · 20242
JACKSON AVENUE LLC$73,949

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$185,520 · 0.46%
2023$161,271 · 0.46%
2022$161,018 · 0.47%
Similar plansRetail Trade · Virginia
Five Guys Enterprises LLC VA$43.5M · 0.12%
Pohanka Auto West, Inc. VA$43.3M · 0.41%
Priority Automotive Group VA$42.2M · 0.51%
Ukrop's Super Markets, Inc. VA$39.9M · 0.10%
Tsrc, Inc. VA$39.3M · 0.45%
Gpm Investments, LLC VA$39.2M · 0.59%
Virginia Truck Center, Inc. VA$38.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541511693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.