Plan Ledger DOL Form 5500 · updated monthly

Valley Ford Truck, Inc.401(k)

VALLEY TRUCK CENTERS 401(K) PLAN · VALLEY VIEW, OH · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Valley Ford Truck, Inc. reported $34,093 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,586 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 fell from 0.97% to 0.25%. 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 1,582nd-largest of 3,295 plans among Ohio employers on file, and the 1,883rd of 5,215 in retail trade. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 346 to 490 since 2022.

Plan summary
Net assets, end of year$15,247,317
Participants with balances417
Active participants490
Employer contributions$777,370
Employee contributions$1,963,636
Employer contribution per active participant$1,586
Average account balance$36,564
Benefits paid to participants$1,042,687
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 417 accts · $777K emplr
2023$11.9M · 321 accts · $718K emplr
2022$8.0M · 200 accts · $366K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,560
Investment management$533
Total administrative$34,093
The Valley Ford Truck, Inc. 401(k) match · 2024
Employer contribution per active participant$1,586
Median for plans this size$2,416
2024$1,586 per active participant
2023$1,587 per active participant
2022$1,057 per active participant

Valley Ford Truck, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$533

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$34,093 · 0.25%
2023$30,504 · 0.31%
2022$89,858 · 0.97%
Similar plansRetail Trade · Ohio
McCluskey Chevrolet, Inc. OH$16.2M · 0.38%
Englefield, Inc. OH$16.0M · 0.43%
Dave White Chevrolet, Inc. OH$15.0M · 0.66%
Kerry Ford Inc OH$15.0M · 0.57%
Brondes Ford, Inc. OH$14.7M · 0.49%
Thirty-One Gifts, LLC OH$14.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205428132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.