Plan Ledger DOL Form 5500 · updated monthly

Paul Miller Ford, Inc.401(k)

PAUL MILLER FORD AND ASSOCIATES RETIREMENT & SAVINGS PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Paul Miller Ford, Inc. reported $24,294 in plan administrative expenses for 2024: 0.60% 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.

Across the 2 years on file its reported administrative ratio fell from 0.67% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Kentucky (669th of 871), and 3,992nd of 5,215 in retail trade. active participation has shrunk from 140 to 120 since 2022.

Plan summary
Net assets, end of year$4,213,683
Participants with balances111
Active participants120
Employer contributions$0
Employee contributions$351,751
Employer contribution per active participant$0
Average account balance$37,961
Benefits paid to participants$358,590
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 111 accts
2023$3.9M · 102 accts
2022$3.3M · 109 accts
Administrative expenses, itemized · 2024
Investment management$24,294
Total administrative$24,294
The Paul Miller Ford, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Paul Miller Ford, Inc.'s 2024 employer contribution ran below the $1,313 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 LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$4,285
MCGREGOR & ASSOCIATES, INC. · Recordkeeping · Loan processing$595
MERIDIAN WEALTH MANAGEMENT, LLC · Investment advisory (plan)$19,463

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

Recordkeeper by year2
2024MCGREGOR & ASSOCIATES, INC., Transamerica
2023MCGREGOR & ASSOCIATES, INC., Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,294 · 0.60%
2023$23,508 · 0.65%
2022$22,634 · 0.67%
Same employer
Similar plansRetail Trade · Kentucky
Republic Diesel Inc. KY$6.8M · 0.02%
Town & Country Ford, LLC KY$6.7M · 0.48%
Valu Discount, Inc. KY$6.1M · 0.48%
Southern Rigging Co. LLC KY$5.9M · 0.47%
Bill Collins Ford, Inc KY$4.2M · 0.41%
Paducah Ford, Inc. KY$4.1M · 0.19%
Quantrell Cadillac Inc KY$3.8M · 1.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610481346 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.