Plan Ledger DOL Form 5500 · updated monthly

Wade Ford, Inc.401(k)

WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES · SMYRNA, GA · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Wade Ford, Inc. reported $15,321 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. Employer contributions averaged $498 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.

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 Georgia (1,718th of 2,160), and 4,039th of 5,215 in retail trade. In 2022, employees put in $6.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,043,521
Participants with balances80
Active participants120
Employer contributions$59,755
Employee contributions$414,349
Employer contribution per active participant$498
Average account balance$50,544
Benefits paid to participants$244,109
Plan auditUnmodified (clean) audit opinion
AuditorLAWRENCE F. TORNETTA, LLC
Administrative expenses, itemized · 2022
Professional / advisory$15,321
Total administrative$15,321
The Wade Ford, Inc. 401(k) match · 2022
Employer contribution per active participant$498
Median for plans this size$1,114

Wade Ford, Inc.'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 history1
2022$15,321 · 0.36%
Similar plansRetail Trade · Georgia
Stones, Inc. GA$4.4M · 0.01%
Courtesy Ford, Inc. GA$4.1M · 1.12%
Augusta Sportswear, Inc. GA$3.9M · 0.37%
Stokes Hodges Auto Group GA$3.8M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581544317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.