Plan Ledger DOL Form 5500 · updated monthly

Qc Auto Sales Inc dba Byrider401(k)

QC AUTO SALES, INC. 401(K) PROFIT SHARING PLAN · DAVENPORT, IA · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Qc Auto Sales Inc dba Byrider reported $902 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,337 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 0.08% to 0.02%. 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 Iowa (750th of 878), and 4,216th of 5,215 in retail trade. In 2023, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,474,035
Participants with balances110
Active participants98
Employer contributions$130,989
Employee contributions$313,585
Employer contribution per active participant$1,337
Average account balance$31,582
Benefits paid to participants$151,952
Plan auditUnmodified (clean) audit opinion
AuditorTIMMER AND ASSOCIATES, CPA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 97 accts · $148K emplr
2023$3.5M · 110 accts · $131K emplr
2022$2.7M · 118 accts · $134K emplr
The Qc Auto Sales Inc dba Byrider 401(k) match · 2023
Employer contribution per active participant$1,337
Median for plans this size$1,308
2024$1,577 per active participant
2023$1,337 per active participant
2022$1,336 per active participant

Qc Auto Sales Inc dba Byrider's 2023 employer contribution ran above 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 · 20231
AMERICAN TRUST COMPANY · Contract administrator$2,450

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$569 · 0.02%
2023$902 · 0.03%
2022$2,440 · 0.08%
Similar plansRetail Trade · Iowa
Vaughn Chevrolet, Inc. IA$4.5M · 0.01%
Hummel Brothers, Inc. IA$4.2M · 0.52%
Pat Clemons Inc IA$3.5M · 0.81%
Rueter & Zenor Company IA$3.0M · 0.94%
Reif Oil Co., Inc. IA$1.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201144812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.