Plan Ledger DOL Form 5500 · updated monthly

Abc Auto Parts, LTD.401(k)

ABC AUTO PARTS, LTD. 401(K) SAVINGS PLAN · LONGVIEW, TX · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Abc Auto Parts, LTD. reported $2,050 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $418 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 2 years on file its reported administrative ratio rose from 0.03% to 0.04%. 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 Texas (3,673rd of 5,688), and 3,320th of 5,215 in retail trade. In 2022, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,692,798
Participants with balances128
Active participants292
Employer contributions$122,037
Employee contributions$361,686
Employer contribution per active participant$418
Average account balance$52,287
Benefits paid to participants$1,291,974
Plan auditUnmodified (clean) audit opinion
AuditorHEARD, MCELROY AND VESTAL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 190 accts · $125K emplr
2023$5.3M · 126 accts · $114K emplr
2022$6.7M · 128 accts · $122K emplr
The Abc Auto Parts, LTD. 401(k) match · 2022
Employer contribution per active participant$418
Median for plans this size$1,114
2024$310 per active participant
2023$411 per active participant
2022$418 per active participant

Abc Auto Parts, LTD.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$2,044 · 0.04%
2023$1,075 · 0.02%
2022$2,050 · 0.03%
Same employer
Similar plansRetail Trade · Texas
Kendrick Oil Company TX$7.2M · 0.07%
Mossy Nissan (Tx), Inc. TX$7.1M · 0.04%
Idea Auto Group, LLC TX$6.6M · 0.41%
Powell-Watson Motors TX$6.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751306065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.