Plan Ledger DOL Form 5500 · updated monthly

Ziems Ford Corners, Inc.401(k)

ZIEMS FORD CORNERS, INC. PROFIT SHARING PLAN · FARMINGTON, NM · plan year 2022

Reported admin expense ratio · 2022
0.92%

Ziems Ford Corners, Inc. reported $42,350 in plan administrative expenses for 2022: 0.92% of average plan assets, higher than ~75% of peers. 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 New Mexico (198th of 290), and 3,969th of 5,215 in retail trade.

Plan summary
Net assets, end of year$4,282,131
Participants with balances77
Active participants93
Employer contributions—
Employee contributions$355,580
Employer contribution per active participant—
Average account balance$55,612
Benefits paid to participants$80,288
Plan auditUnmodified (clean) audit opinion
AuditorCHANDLER & COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,775
Investment management$40,575
Total administrative$42,350
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$42,350 · 0.92%
Same employer
Similar plansRetail Trade · New Mexico
Chalmers Ford, Inc. NM$7.9M · 0.91%
Sisbarro Autoworld, Inc. NM$6.1M · 0.71%
Afc Acquisition Corp NM$5.7M · 0.07%
Borman Motor Company LLC NM$4.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850369949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.