Plan Ledger DOL Form 5500 · updated monthly

Sisbarro Autoworld, Inc.401(k)

SISBARRO DEALERSHIPS 401(K) PROFIT SHARING PLAN AND TRUST · LAS CRUCES, NM · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Sisbarro Autoworld, Inc. reported $41,059 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,994 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 0.07% to 0.71%. 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 New Mexico (179th of 290), and 3,474th of 5,215 in retail trade. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,082,662
Participants with balances120
Active participants109
Employer contributions$217,321
Employee contributions$356,650
Employer contribution per active participant$1,994
Average account balance$50,689
Benefits paid to participants$583,095
Plan auditUnmodified (clean) audit opinion
AuditorBOCK & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 120 accts · $217K emplr
2023$5.5M · 116 accts · $235K emplr
2022$4.6M · 108 accts · $219K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,438
Investment management$15,261
Total administrative$41,059
The Sisbarro Autoworld, Inc. 401(k) match · 2024
Employer contribution per active participant$1,994
Median for plans this size$1,313
2024$1,994 per active participant
2023$1,978 per active participant
2022$2,050 per active participant

Sisbarro Autoworld, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,206
WESTWIND CAPITAL INC. · Investment advisory (participants)$22,226
PENSION PLANNING CONSULTANTS, INC. · Claims processing · Loan processing$2,360

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$41,059 · 0.71%
2023$3,424 · 0.07%
2022$3,497 · 0.07%
Similar plansRetail Trade · New Mexico
Chalmers Ford, Inc. NM$7.9M · 0.91%
Afc Acquisition Corp NM$5.7M · 0.07%
Ziems Ford Corners, Inc. NM$4.3M · 0.92%
Borman Motor Company LLC NM$4.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850334453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.