Plan Ledger DOL Form 5500 · updated monthly

Sparrow & Kennedy Tractor Co Inc401(k)

SPARROW & KENNEDY TRACTOR CO INC RETIREMENT PLAN · BISHOPVILLE, SC · plan year 2025

Reported admin expense ratio · 2025
0.01%

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

Sparrow & Kennedy Tractor Co Inc reported $1,625 in plan administrative expenses for 2025: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,230 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 rose from 0.007% to 0.014%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other retail trade employers. By assets it is the 373rd-largest of 807 plans among South Carolina employers on file, and the 2,164th of 5,215 in retail trade. In 2025, employees put in $2.32 for every $1.00 the employer contributed; active participation has shrunk from 125 to 98 since 2022.

Plan summary
Net assets, end of year$12,830,113
Participants with balances101
Active participants98
Employer contributions$218,558
Employee contributions$506,805
Employer contribution per active participant$2,230
Average account balance$127,031
Benefits paid to participants$613,748
Plan auditDisclaimer of opinion
AuditorNICHOLS, CAULEY & ASSOC.
Plan history4
Yearassets · accounts · employer contribution
2025$12.8M · 101 accts · $219K emplr
2024$11.1M · 107 accts · $231K emplr
2023$10.4M · 110 accts · $244K emplr
2022$9.1M · 112 accts · $245K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$1,625
Total administrative$1,625
The Sparrow & Kennedy Tractor Co Inc 401(k) match · 2025
Employer contribution per active participant$2,230
Median for plans this size$2,666
2025$2,230 per active participant
2024$2,067 per active participant
2023$2,101 per active participant
2022$1,956 per active participant

Sparrow & Kennedy Tractor Co Inc's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
SENTRY LIFE INSURANCE COMPANY$85

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

Administrative cost history4
2025$1,625 · 0.01%
2024$1,553 · 0.01%
2023$1,146 · 0.01%
2022$673 · 0.01%
Same employer
Similar plansRetail Trade · South Carolina
Bestdrive, LLC SC$16.0M · 0.25%
Basware Inc SC$15.9M · 0.50%
Venture Inc of Beaufort SC$15.1M · 0.48%
Spartanburg Dodge, Inc. SC$13.1M · 0.22%
Dodgeland of Columbia, Inc. SC$12.8M · 0.83%
Stokes Automotive, Inc. SC$12.5M · 0.54%
Hamricks, Inc. SC$11.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201376173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.