Plan Ledger DOL Form 5500 · updated monthly

Scout Motors, Inc.401(k)

SCOUT MOTORS 401(K) PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Scout Motors, Inc. reported $25,687 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,663 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 1 year on file its reported administrative ratio rose from 0.07% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,051st-largest of 2,266 plans among Virginia employers on file, and the 6,221st of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,539,323
Participants with balances660
Active participants717
Employer contributions$2,626,391
Employee contributions$5,427,311
Employer contribution per active participant$3,663
Average account balance$28,090
Benefits paid to participants$353,419
Plan auditUnmodified (clean) audit opinion
AuditorPENSION ASSSURANCE LLP
Plan history2
Yearassets · accounts · employer contribution
2024$18.5M · 660 accts · $2.6M emplr
2023$3.9M · 209 accts · $474K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,687
Total administrative$25,687
The Scout Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$3,663
Median for plans this size$2,416
2024$3,663 per active participant
2023$1,991 per active participant

Scout Motors, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$25,687

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$25,687 · 0.23%
2023$2,660 · 0.07%
Same employer
Similar plansManufacturing · Virginia
Vbrick Systems, Inc. VA$19.0M · 0.07%
Banker Steel Holdco LLC VA$18.9M · 0.56%
Dynax America Corporation VA$18.9M · 0.05%
Cornet Technology, Inc VA$18.6M · 0.20%
Cuisine Solutions, Inc. VA$17.0M · 0.50%
American Mine Research VA$16.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883460258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.