Plan Ledger DOL Form 5500 · updated monthly

Quality Dealerships401(k)

QUALITY DEALERSHIPS 401(K) PROFIT SHARING PLAN · ALBUQUERQUE, NM · plan year 2025

Reported admin expense ratio · 2025
0.71%

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

Quality Dealerships reported $81,657 in plan administrative expenses for 2025: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $523 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 4 years on file its reported administrative ratio has held roughly steady near 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other wholesale trade employers. By assets it is the 122nd-largest of 290 plans among New Mexico employers on file, and 2,670th of 4,246 in wholesale trade. In 2025, employees put in $8.34 for every $1.00 the employer contributed; active participation has grown from 134 to 162 since 2022.

Plan summary
Net assets, end of year$12,055,179
Participants with balances188
Active participants162
Employer contributions$84,759
Employee contributions$707,234
Employer contribution per active participant$523
Average account balance$64,123
Benefits paid to participants$1,194,996
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$12.1M · 188 accts · $85K emplr
2024$11.0M · 171 accts · $79K emplr
2023$9.9M · 166 accts · $77K emplr
2022$8.2M · 158 accts · $78K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$81,657
Total administrative$81,657
The Quality Dealerships 401(k) match · 2025
Employer contribution per active participant$523
Median for plans this size$2,666
2025$523 per active participant
2024$552 per active participant
2023$571 per active participant
2022$579 per active participant

Quality Dealerships'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 · 20254
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$81,657
FIRST HEARTLAND CONSULTANTS, INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$81,657 · 0.71%
2024$74,275 · 0.71%
2023$64,771 · 0.71%
2022$62,020 · 0.70%
Similar plansWholesale Trade · New Mexico
Rinchem Company, LLC NM$33.5M · 0.51%
Rinchem Company LLC. NM$28.1M · 0.61%
Brewer Oil Co. NM$8.7M · 0.39%
Nova Mud, Inc. NM$8.1M · 0.35%
Southwest Wines, Inc. NM$3.5M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271516350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.