Plan Ledger DOL Form 5500 · updated monthly

Paul Baileys East Greenwich Ford, Inc401(k)

FLOOD AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN · EAST GREENWICH, RI · plan year 2025

Reported admin expense ratio · 2025
0.16%

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

Paul Baileys East Greenwich Ford, Inc reported $17,161 in plan administrative expenses for 2025: 0.16% of average plan assets, below the peer median. Employer contributions averaged $213 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 fell from 0.30% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Rhode Island (161st of 286), and the 2,363rd of 5,215 in retail trade. In 2025, employees put in $21.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,443,962
Participants with balances139
Active participants114
Employer contributions$24,291
Employee contributions$511,995
Employer contribution per active participant$213
Average account balance$82,331
Benefits paid to participants$261,860
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$11.4M · 139 accts · $24K emplr
2024$9.8M · 123 accts · $23K emplr
2023$8.7M · 138 accts · $23K emplr
2022$7.2M · 166 accts · $25K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$17,161
Total administrative$17,161
The Paul Baileys East Greenwich Ford, Inc 401(k) match · 2025
Employer contribution per active participant$213
Median for plans this size$2,666
2025$213 per active participant
2024$169 per active participant
2023$188 per active participant
2022$221 per active participant

Paul Baileys East Greenwich Ford, Inc's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
CARON BLETZER, PLLC$7,286
VOYA RETIREMENT INSURANCE AND ANNUI · Other services$5,126
GRP FINANCIAL$5,000

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

Administrative cost history4
2025$17,161 · 0.16%
2024$27,575 · 0.30%
2023$29,950 · 0.38%
2022$25,350 · 0.30%
Same employer
Similar plansRetail Trade · Rhode Island
Natco Products Corporation RI$31.1M · 0.42%
Luxury Brand Holding, Inc. RI$21.3M · 0.03%
E & a Markets, Inc. RI$13.2M · 1.02%
Alex and Ani, LLC RI$9.2M · 0.68%
Beltone New England RI$7.5M · 0.84%
Jake Kaplan's Limited RI$7.3M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050512742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.