Plan Ledger DOL Form 5500 · updated monthly

1A Auto, Inc.401(k)

1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST · PEPPERELL, MA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

1A Auto, Inc. reported $85,943 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,784 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 3 years on file its reported administrative ratio has held roughly steady near 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,298th-largest of 2,726 plans among Massachusetts employers on file, and the 1,448th of 5,215 in retail trade. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has grown from 331 to 437 since 2022.

Plan summary
Net assets, end of year$20,159,870
Participants with balances518
Active participants437
Employer contributions$779,691
Employee contributions$1,850,756
Employer contribution per active participant$1,784
Average account balance$38,919
Benefits paid to participants$905,973
Plan auditUnmodified (clean) audit opinion
AuditorSTOLBERG, EBBELING & BLANCHETTE, LL
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 518 accts · $780K emplr
2023$15.8M · 456 accts · $646K emplr
2022$11.9M · 409 accts · $591K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,148
Total administrative$85,943
The 1A Auto, Inc. 401(k) match · 2024
Employer contribution per active participant$1,784
Median for plans this size$2,416
2024$1,784 per active participant
2023$1,741 per active participant
2022$1,784 per active participant

1A Auto, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20242
JOHN HANCOCK LIFE INS CO · Recordkeeping · Investment managementindirect comp
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$85,943 · 0.48%
2023$71,099 · 0.51%
2022$58,524 · 0.47%
All plans at this employer2
1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST401(k)
1A AUTO, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansRetail Trade · Massachusetts
Primark US Corp. MA$22.7M · 0.49%
Yale Appliance MA$22.5M · 0.22%
Winston Brothers, Inc. MA$22.1M · 0.24%
Wellesley Volkswagen, Inc. MA$19.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043502034 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.