Sarasota 500 401(k) match, vesting and fees
What Sarasota 500'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 | Great-West Life & Annuity Insurance | Schedule C ↗ |
| Independent auditor | Carr, Riggs & Ingram, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Sarasota 500: employer contribution per participant | $1,850 | |
| Peer median | $1,216 |
| Sarasota 500: average balance | $49,446 | |
| Peer median | $50,590 |
| Sarasota 500: admin expenses ÷ assets | 1.12% | |
| 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 $2.9M at the end of plan year 2021 to $5.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 203 | $5.7M | $213K | $1,850 | 1.12% | Not published | Form 5500 ↗ |
| 2023 | 179 | $4.1M | $180K | $1,816 | 1.08% | Not published | Form 5500 ↗ |
| 2022 | 172 | $2.9M | $148K | $2,051 | 0.95% | Not published | Form 5500 ↗ |
| 2021 | 158 | $2.9M | $0 | $0 | 1.18% | Not published | Form 5500 ↗ |
Common questions
Does Sarasota 500 match 401(k) contributions?
The match terms for the Sarasota 500, LLC DBA Sarasota Ford 401k Plan have not been published from its filing yet. The plan year 2024 filing reports $213K in employer contributions, about $1,850 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sarasota 500 401(k) match vested?
The vesting schedule for the Sarasota 500, LLC DBA Sarasota Ford 401k Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sarasota 500 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Great-West Life & Annuity Insurance. The plan administrator is Sarasota 500, LLC.
I left Sarasota 500. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sarasota 500, LLC, (941) 556-4180) or the recordkeeper, Great-West Life & Annuity Insurance. The Sarasota 500 old 401(k) page lists the contacts from every plan filing. Find an old Sarasota 500 401(k)
Data from the public Form 5500 annual reports Sarasota 500 filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 Sarasota 500. Not financial advice. Report a correction · Methodology