Plan Ledger DOL Form 5500 · updated monthly

Sill-Terhar Motors, Inc.401(k)

SILL-TERHAR RETIREMENT SAVINGS PLAN · BROOMFIELD, CO · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Sill-Terhar Motors, Inc. reported $13,977 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $276 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 fell from 0.27% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Colorado (963rd of 1,461), and 3,418th of 5,215 in retail trade. In 2023, employees put in $10.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,318,149
Participants with balances71
Active participants127
Employer contributions$35,020
Employee contributions$362,948
Employer contribution per active participant$276
Average account balance$88,988
Benefits paid to participants$232,169
Plan auditUnmodified (clean) audit opinion
AuditorLOGAN, THOMAS AND JOHNSON
Plan history2
Yearassets · accounts · employer contribution
2023$6.3M · 71 accts · $35K emplr
2022$5.1M · 80 accts · $31K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$535
Investment management$13,442
Total administrative$13,977
The Sill-Terhar Motors, Inc. 401(k) match · 2023
Employer contribution per active participant$276
Median for plans this size$1,308
2023$276 per active participant
2022$244 per active participant

Sill-Terhar Motors, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MERRILL LYNCH · Loan processing · Recordkeeping$13,442

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

Administrative cost history2
2023$13,977 · 0.25%
2022$14,117 · 0.27%
Same employer
Similar plansRetail Trade · Colorado
Johnson Auto Sales, Inc. CO$7.4M · 0.72%
Courtesy Auto Group CO$6.8M · 0.22%
Big R Holdings, Inc. CO$6.5M · 1.18%
Source Management, Inc. CO$6.3M · 0.29%
Weld County Garage CO$6.2M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840535589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.