Plan Ledger DOL Form 5500 · updated monthly

Silver State Ford dba Gaudin Ford Porsche401(k)

SILVER STATE FORD DBA GAUDIN FORD PORSCHE 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Silver State Ford dba Gaudin Ford Porsche reported $15,376 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $528 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 3 years on file its reported administrative ratio has held roughly steady near 0.072%. 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 119th-largest of 437 plans among Nevada employers on file, and the 1,326th of 5,215 in retail trade. In 2024, employees put in $5.67 for every $1.00 the employer contributed; active participation has grown from 380 to 559 since 2022.

Plan summary
Net assets, end of year$22,570,980
Participants with balances301
Active participants559
Employer contributions$295,038
Employee contributions$1,674,258
Employer contribution per active participant$528
Average account balance$74,987
Benefits paid to participants$1,818,659
Plan auditUnmodified (clean) audit opinion
AuditorPOMARES & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.6M · 301 accts · $295K emplr
2023$19.9M · 284 accts · $302K emplr
2022$16.3M · 289 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,432
Investment management$11,944
Total administrative$15,376
The Silver State Ford dba Gaudin Ford Porsche 401(k) match · 2024
Employer contribution per active participant$528
Median for plans this size$2,416
2024$528 per active participant
2023$727 per active participant
2022$709 per active participant

Silver State Ford dba Gaudin Ford Porsche'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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,944
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,432

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$15,376 · 0.07%
2023$15,609 · 0.09%
2022$13,039 · 0.07%
Same employer
Similar plansRetail Trade · Nevada
Findlay Management Group NV$77.4M · 0.53%
Fairway Chevrolet Co. NV$30.0M · 0.31%
Friendly Ford NV$20.2M · 0.38%
Bill Pearce Motors, Inc. NV$17.3M · 0.22%
AG1 USA Inc. NV$12.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880259144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.