Plan Ledger DOL Form 5500 · updated monthly

Swanson-Fahrney Ford Sales, Inc.401(k)

SWANSON-FAHRNEY FORD SALES, INC. EMPLOYEE 401(K) PROFIT SHARING PLAN · SELMA, CA · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Swanson-Fahrney Ford Sales, Inc. reported $72,843 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $632 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 0.57% to 0.75%. 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 California (5,308th of 9,483), and the 2,531st of 5,215 in retail trade. In 2024, employees put in $3.85 for every $1.00 the employer contributed; active participation has grown from 154 to 213 since 2022.

Plan summary
Net assets, end of year$10,569,417
Participants with balances127
Active participants213
Employer contributions$134,514
Employee contributions$517,713
Employer contribution per active participant$632
Average account balance$83,224
Benefits paid to participants$336,835
Plan auditUnmodified (clean) audit opinion
AuditorFINCH ROWLAND SHOOPMAN
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 127 accts · $135K emplr
2023$8.9M · 113 accts · $75K emplr
2022$7.3M · 105 accts · $68K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,074
Investment management$49,769
Total administrative$72,843
The Swanson-Fahrney Ford Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$632
Median for plans this size$1,313
2024$632 per active participant
2023$432 per active participant
2022$439 per active participant

Swanson-Fahrney Ford Sales, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
PCS RETIREMENT · Recordkeeping · Loan processing$10,676
DEL CARLO FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$19,645
NEXUS ADMINISTRATORS INC · Contract administrator$12,398

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$72,843 · 0.75%
2023$43,227 · 0.54%
2022$45,570 · 0.57%
Similar plansRetail Trade · California
Folsom Lake Ford CA$10.9M · 0.02%
Garberville Gas Corporation CA$10.8M · 0.59%
Vuori, Inc. CA$10.8M · 0.49%
Selman Chevrolet Company CA$10.7M · 0.04%
Moxie Hch Motors, LLC CA$10.4M · 0.04%
Seed Beauty, LLC CA$10.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942188636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.