Plan Ledger DOL Form 5500 · updated monthly

Roberson Motors, Inc.401(k)

ROBERSON MOTORS, INC. 401(K) PROFIT SHARING PLAN · SALEM, OR · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Roberson Motors, Inc. reported $40,388 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $994 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 rose from 0.52% to 0.58%. 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 Oregon (647th of 1,021), and 3,182nd of 5,215 in retail trade. In 2024, employees put in $3.54 for every $1.00 the employer contributed; active participation has grown from 97 to 107 since 2022.

Plan summary
Net assets, end of year$7,421,627
Participants with balances124
Active participants107
Employer contributions$106,347
Employee contributions$376,443
Employer contribution per active participant$994
Average account balance$59,852
Benefits paid to participants$482,689
Plan auditUnmodified (clean) audit opinion
AuditorJARRARD
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 124 accts · $106K emplr
2023$6.4M · 114 accts · $101K emplr
2022$5.9M · 106 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,328
Investment management$17,060
Total administrative$40,388
The Roberson Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$994
Median for plans this size$1,313
2024$994 per active participant
2023$1,049 per active participant
2022$1,547 per active participant

Roberson Motors, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
GESCHER HERBER GROUP, LLC · Recordkeeping · Pension consulting$34,119
ADP, INC. · Loan processing · Recordkeeping$14,978
JARRARD, SEIBERT, POLLARD & CO, LLC · Recordkeeping · Pension consulting$8,350
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, GESCHER HERBER GROUP, LLC, JARRARD, SEIBERT, POLLARD & CO, LLC
2023ADP, GESCHER HERBER GROUP, LLC, JARRARD, SEIBERT, POLLARD & CO, LLC

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Administrative cost history3
2024$40,388 · 0.58%
2023$40,314 · 0.66%
2022$31,967 · 0.52%
Same employer
Similar plansRetail Trade · Oregon
Herzog-Meier Auto Center OR$8.3M · 0.53%
Ashland Food Cooperative OR$8.3M · 0.49%
Power Auto, Inc. OR$7.5M · 1.03%
Superior Tire Service Inc OR$7.2M · 0.24%
Sunset Imports Inc. OR$6.8M · 0.08%
Jaj Enterprises, LLC OR$6.7M · 0.58%
Mini Pet Mart, Inc. OR$6.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930502380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.