Plan Ledger DOL Form 5500 · updated monthly

Rowe Ford Sales401(k)

ROWE FORD SALES 401(K) PLAN · WESTBROOK, ME · plan year 2022

Reported admin expense ratio · 2022
0.35%

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

Rowe Ford Sales reported $23,946 in plan administrative expenses for 2022: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,415 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maine (261st of 354), and 3,387th of 5,215 in retail trade. In 2022, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,435,414
Participants with balances84
Active participants91
Employer contributions$128,800
Employee contributions$416,200
Employer contribution per active participant$1,415
Average account balance$76,612
Benefits paid to participants$294,174
Plan auditUnmodified (clean) audit opinion
AuditorMACPAGE / WIFLI
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$23,946
Total administrative$23,946
The Rowe Ford Sales 401(k) match · 2022
Employer contribution per active participant$1,415
Median for plans this size$1,114

Rowe Ford Sales's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$23,946 · 0.35%
Similar plansRetail Trade · Maine
R H Reny Inc ME$9.5M · 0.43%
V.I.P, Inc. ME$9.3M · 1.07%
Maritime Energy, Inc. ME$7.0M · 0.29%
Fabian Oil Inc ME$5.0M · 0.15%
Dysarts Service ME$4.2M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010287723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.