Dave Syverson Ford, Lincoln, Mercury 401(k) match, vesting and fees
What Dave Syverson Ford, Lincoln, Mercury's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Alerus Financial, N.A. | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 1,080 defined-contribution plans in retail trade with 100 to 499 participants.
| Dave Syverson Ford, Lincoln, Mercury: employer contribution per participant | $2,190 | |
| Peer median | $1,247 |
| Dave Syverson Ford, Lincoln, Mercury: average balance | $142,178 | |
| Peer median | $56,979 |
| Dave Syverson Ford, Lincoln, Mercury: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $10.9M at the end of plan year 2021 to $15.8M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 155 | $15.8M | $243K | $2,190 | 0.13% | Not published | Form 5500 ↗ |
| 2024 | 155 | $13.3M | $237K | $2,256 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 151 | $11.3M | $242K | $2,121 | 0.19% | Not published | Form 5500 ↗ |
| 2022 | 155 | $9.7M | $385K | $3,562 | 0.18% | Not published | Form 5500 ↗ |
| 2021 | 143 | $10.9M | $189K | $1,766 | 0.13% | Not published | 5500-SF ↗ |
Common questions
Does Dave Syverson Ford, Lincoln, Mercury match 401(k) contributions?
The match terms for the Dave Syverson Ford, Lincoln, Mercury, Inc. 401(k) Salary Savings and Retirement Plan have not been published from its filing yet. The plan year 2025 filing reports $243K in employer contributions, about $2,190 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Dave Syverson Ford, Lincoln, Mercury 401(k) match vested?
The vesting schedule for the Dave Syverson Ford, Lincoln, Mercury, Inc. 401(k) Salary Savings and Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Dave Syverson Ford, Lincoln, Mercury 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Alerus Financial, N.A.. The plan administrator is Dave Syverson Ford, Lincoln, Mercury, Inc..
I left Dave Syverson Ford, Lincoln, Mercury. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Dave Syverson Ford, Lincoln, Mercury, Inc., (507) 373-1438) or the recordkeeper, Alerus Financial, N.A.. The Dave Syverson Ford, Lincoln, Mercury old 401(k) page lists the contacts from every plan filing. Find an old Dave Syverson Ford, Lincoln, Mercury 401(k)
Data from the public Form 5500 annual reports Dave Syverson Ford, Lincoln, Mercury filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Dave Syverson Ford, Lincoln, Mercury. Not financial advice. Report a correction · Methodology