Plan Ledger DOL Form 5500 · updated monthly

Pedersen Toyota Scion Volvo401(k)

PEDERSEN TOYOTA SCION VOLVO 401(K) PLAN · FORT COLLINS, CO · plan year 2023

Reported admin expense ratio · 2023
0.81%

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

Pedersen Toyota Scion Volvo reported $48,589 in plan administrative expenses for 2023: 0.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $757 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 has held roughly steady near 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Colorado (967th of 1,461), and 3,434th of 5,215 in retail trade. In 2023, employees put in $5.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,264,762
Participants with balances132
Active participants104
Employer contributions$78,747
Employee contributions$417,712
Employer contribution per active participant$757
Average account balance$47,460
Benefits paid to participants$779,623
Plan auditUnmodified (clean) audit opinion
AuditorSOUKUP, BUSH & ASSOCIATES, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$6.3M · 132 accts · $79K emplr
2022$5.7M · 129 accts · $84K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,823
Investment management$29,766
Total administrative$48,589
The Pedersen Toyota Scion Volvo 401(k) match · 2023
Employer contribution per active participant$757
Median for plans this size$1,308
2023$757 per active participant
2022$829 per active participant

Pedersen Toyota Scion Volvo's 2023 employer contribution ran below the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PROFESSIONAL CAPITAL SERVICES, LLC · Contract administrator · Recordkeeping$18,823
HIGH POINT FINANCIAL GROUP, LLC · Investment advisory (plan)$20,824
BRINKER HOLDINGS, INC · Investment management$8,942

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

Recordkeeper by year2
2024PCS Retirement
2023PROFESSIONAL CAPITAL SERVICES, LLC

This plan has changed recordkeepers within these filings. If you left Pedersen Toyota Scion Volvo before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$48,589 · 0.81%
2022$49,999 · 0.78%
Similar plansRetail Trade · Colorado
Big R Holdings, Inc. CO$6.5M · 1.18%
Sill-Terhar Motors, Inc. CO$6.3M · 0.25%
Source Management, Inc. CO$6.3M · 0.29%
Weld County Garage CO$6.2M · 0.62%
Gorsuch, LTD. CO$6.0M · 0.21%
Growgeneration Corp CO$5.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840575256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.