Plan Ledger DOL Form 5500 · updated monthly

Western Slope Auto Company401(k)

WESTERN SLOPE AUTO COMPANY 401(K) PLAN · GRAND JUNCTION, CO · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Western Slope Auto Company reported $46,198 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $3,118 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 0.82% to 0.58%. 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 Colorado (843rd of 1,461), and 2,854th of 5,215 in retail trade. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,918,948
Participants with balances125
Active participants120
Employer contributions$374,212
Employee contributions$819,834
Employer contribution per active participant$3,118
Average account balance$71,352
Benefits paid to participants$221,990
Plan auditUnmodified (clean) audit opinion
AuditorDWC
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 125 accts · $374K emplr
2023$7.0M · 126 accts · $296K emplr
2022$5.7M · 107 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,675
Investment management$22,523
Total administrative$46,198
The Western Slope Auto Company 401(k) match · 2024
Employer contribution per active participant$3,118
Median for plans this size$1,313
2024$3,118 per active participant
2023$2,244 per active participant
2022$2,002 per active participant

Western Slope Auto Company's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$23,675
LPL FINANCIAL RPCP · Investment advisory (plan)$19,023
DWC CPAS ADVISORS · Investment advisory (plan)$3,500

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$46,198 · 0.58%
2023$42,888 · 0.67%
2022$50,300 · 0.82%
Similar plansRetail Trade · Colorado
Pioneer Sand Company, Inc. CO$10.1M · 0.12%
Watermill Express LLC CO$9.7M · 0.25%
Listen Up, Inc. CO$9.6M · 0.03%
Wellbiz Brands, Inc. CO$9.4M · 0.61%
Hight Enterprises, LTD CO$8.8M · 0.02%
Grand Auto, Inc. CO$8.2M · 0.52%
Winston Cole, LLC CO$8.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840350920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.