Plan Ledger DOL Form 5500 · updated monthly

Sands Motor Company401(k)

SANDS MOTOR COMPANY 401(K) PROFIT SHARING PLAN · SUPRISE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Sands Motor Company reported $47,236 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $532 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 0.10% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 402nd-largest of 1,285 plans among Arizona employers on file, and the 1,665th of 5,215 in retail trade. In 2024, employees put in $9.99 for every $1.00 the employer contributed; active participation has grown from 364 to 436 since 2022.

Plan summary
Net assets, end of year$17,475,322
Participants with balances576
Active participants436
Employer contributions$232,129
Employee contributions$2,319,121
Employer contribution per active participant$532
Average account balance$30,339
Benefits paid to participants$1,202,524
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 576 accts · $232K emplr
2023$14.4M · 467 accts · $227K emplr
2022$11.2M · 413 accts · $217K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,245
Investment management$35,991
Total administrative$47,236
The Sands Motor Company 401(k) match · 2024
Employer contribution per active participant$532
Median for plans this size$2,416
2024$532 per active participant
2023$573 per active participant
2022$597 per active participant

Sands Motor Company's 2024 employer contribution ran below the $2,416 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 · 20242
EDWARD JONES · Investment advisory (plan)$35,991
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$11,245

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$47,236 · 0.30%
2023$38,350 · 0.30%
2022$11,818 · 0.10%
Same employer
Similar plansRetail Trade · Arizona
Royal Speedway, Inc. AZ$20.1M · 0.64%
Courtesy Chevrolet AZ$19.6M · 1.60%
Copenhagen Imports, Inc. AZ$18.7M · 0.01%
Ceh Automotive Corp. AZ$18.1M · 0.19%
Stateserv Medical LLC AZ$17.5M · 0.04%
Duncan & Son Lines, Inc. AZ$16.3M · 1.14%
Frontier Technology, LLC AZ$14.0M · 0.45%
Coulter Cadillac, Inc. AZ$13.9M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860053470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.