Plan Ledger DOL Form 5500 · updated monthly

Russell & Smith Ford, Inc.401(k)

RUSSELL & SMITH FORD, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Russell & Smith Ford, Inc. reported $39,855 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $475 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 0.36% to 0.41%. 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 Texas (3,050th of 5,688), and 2,608th of 5,215 in retail trade. In 2024, employees put in $6.79 for every $1.00 the employer contributed; active participation has grown from 224 to 251 since 2022.

Plan summary
Net assets, end of year$10,117,256
Participants with balances220
Active participants251
Employer contributions$119,176
Employee contributions$809,634
Employer contribution per active participant$475
Average account balance$45,988
Benefits paid to participants$1,375,539
Plan auditUnmodified (clean) audit opinion
AuditorSVADLENAK, SEE & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 220 accts · $119K emplr
2023$9.4M · 214 accts · $109K emplr
2022$8.6M · 200 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,855
Total administrative$39,855
The Russell & Smith Ford, Inc. 401(k) match · 2024
Employer contribution per active participant$475
Median for plans this size$1,313
2024$475 per active participant
2023$474 per active participant
2022$533 per active participant

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

Service providers · 20241

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$39,855 · 0.41%
2023$34,946 · 0.39%
2022$33,715 · 0.36%
Same employer
Similar plansRetail Trade · Texas
Don Davis Auto Group, Inc. TX$10.6M · 0.60%
Orr, Inc. TX$10.1M · 0.72%
Benson Enterprises, Inc. TX$9.8M · 0.50%
Fsastore, Inc. TX$9.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740481955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.