Plan Ledger DOL Form 5500 · updated monthly

Town & Country Ford, LLC401(k)

HAYS AUTOMOTIVE GROUP · LOUISVILLE, KY · plan year 2022

Reported admin expense ratio · 2022
0.48%

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

Town & Country Ford, LLC reported $36,541 in plan administrative expenses for 2022: 0.48% of average plan assets, below the peer median. Employer contributions averaged $455 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 0.48% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Kentucky (581st of 871), and 3,333rd of 5,215 in retail trade. In 2022, employees put in $6.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,652,776
Participants with balances172
Active participants242
Employer contributions$110,017
Employee contributions$668,473
Employer contribution per active participant$455
Average account balance$38,679
Benefits paid to participants$1,275,137
Plan auditUnmodified (clean) audit opinion
AuditorMATHER & CO. CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 170 accts · $100K emplr
2023$5.8M · 167 accts · $101K emplr
2022$6.7M · 172 accts · $110K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$36,541
Total administrative$36,541
The Town & Country Ford, LLC 401(k) match · 2022
Employer contribution per active participant$455
Median for plans this size$1,114
2024$415 per active participant
2023$428 per active participant
2022$455 per active participant

Town & Country Ford, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$30,916 · 0.52%
2023$30,843 · 0.50%
2022$36,541 · 0.48%
Similar plansRetail Trade · Kentucky
Paul's Fruit Market KY$6.8M · 0.21%
Republic Diesel Inc. KY$6.8M · 0.02%
Valu Discount, Inc. KY$6.1M · 0.48%
Southern Rigging Co. LLC KY$5.9M · 0.47%
Paul Miller Ford, Inc. KY$4.2M · 0.60%
Bill Collins Ford, Inc KY$4.2M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610710439 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.