Vern Eide Motorcars 401(k) match, vesting and fees
What Vern Eide Motorcars' 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 | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Eide Bailly 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 118 defined-contribution plans in retail trade with 500 to 999 participants.
| Vern Eide Motorcars: employer contribution per participant | $1,095 | |
| Peer median | $1,025 |
| Vern Eide Motorcars: average balance | $63,179 | |
| Peer median | $54,370 |
| Vern Eide Motorcars: admin expenses ÷ assets | 0.51% | |
| Peer median | 0.33% |
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 $27.3M at the end of plan year 2021 to $35.3M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 624 | $35.3M | $611K | $1,095 | 0.51% | Not published | Form 5500 ↗ |
| 2024 | 599 | $31.6M | $598K | $1,186 | 0.53% | Not published | Form 5500 ↗ |
| 2023 | 559 | $28.4M | $607K | $1,097 | 0.58% | Not published | Form 5500 ↗ |
| 2022 | 551 | $24.7M | $560K | $1,223 | 0.57% | Not published | Form 5500 ↗ |
| 2021 | 531 | $27.3M | $504K | $1,044 | 0.60% | Not published | Form 5500 ↗ |
Other Vern Eide Motorcars plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Vern Eide Motorcars Employee Stock Ownership Plan
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.
| Independent auditor | Eide Bailly LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Vern Eide Motorcars match 401(k) contributions?
The match terms for the Vern Eide Motorcars, Inc. 401k Plan have not been published from its filing yet. The plan year 2025 filing reports $611K in employer contributions, about $1,095 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Vern Eide Motorcars 401(k) match vested?
The vesting schedule for the Vern Eide Motorcars, Inc. 401k Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Vern Eide Motorcars 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is John Hancock Life Insurance Company. The plan administrator is Vern Eide Motorcars, Inc..
I left Vern Eide Motorcars. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Vern Eide Motorcars, Inc., (605) 362-9500) or the recordkeeper, John Hancock Life Insurance Company. The Vern Eide Motorcars old 401(k) page lists the contacts from every plan filing. Find an old Vern Eide Motorcars 401(k)
Data from the public Form 5500 annual reports Vern Eide Motorcars 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 Vern Eide Motorcars. Not financial advice. Report a correction · Methodology