Plan Ledger DOL Form 5500 · updated monthly

Quaker Ford Inc. dba Nemer Ford401(k)

QUAKER FORD INC. DBA NEMER FORD 401(K ) PROFIT SHARING PLAN & TR · QUEENSBURY, NY · plan year 2024

Reported admin expense ratio · 2024
0.89%

Quaker Ford Inc. dba Nemer Ford reported $36,433 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. 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 rose from 0.78% to 0.89%. 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 New York (4,585th of 5,648), and 3,916th of 5,215 in retail trade.

Plan summary
Net assets, end of year$4,472,057
Participants with balances153
Active participants122
Employer contributions—
Employee contributions$442,186
Employer contribution per active participant—
Average account balance$29,229
Benefits paid to participants$199,489
Plan auditUnmodified (clean) audit opinion
AuditorCMJ LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 153 accts
2023$3.7M · 188 accts · $27 emplr
2022$3.5M · 197 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,433
Total administrative$36,433
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
ADP, INC. · Loan processing · Recordkeeping$22,937
LPL FINANCIAL · Recordkeeping · Trustee$13,495
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, LPL Financial
2023ADP, LPL Financial

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

Administrative cost history3
2024$36,433 · 0.89%
2023$30,984 · 0.86%
2022$28,566 · 0.78%
Similar plansRetail Trade · New York
Jav Food Corp. NY$4.9M · 0.74%
Lifemd, Inc NY$4.7M · 1.34%
Ide Pontiac Inc NY$4.5M · 0.64%
Dash Markets Inc. NY$4.5M · 0.73%
Land N Sea, Inc. NY$4.4M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141645092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.