Plan Ledger DOL Form 5500 · updated monthly

Alamo City Motors Inc401(k)

ALAMO/TEJAS 401(K) PLAN · HUMBLE, TX · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Alamo City Motors Inc reported $7,281 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $31 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 0.05% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,161st of 5,688), and 2,773rd of 5,215 in retail trade. In 2023, employees put in $90.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,334,949
Participants with balances182
Active participants207
Employer contributions$6,414
Employee contributions$578,603
Employer contribution per active participant$31
Average account balance$51,291
Benefits paid to participants$1,002,252
Plan auditUnmodified (clean) audit opinion
AuditorSVADLENAK SEE & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 169 accts · $146K emplr
2023$9.3M · 182 accts · $6K emplr
2022$8.7M · 178 accts · $176K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,164
Investment management$5,117
Total administrative$7,281
The Alamo City Motors Inc 401(k) match · 2023
Employer contribution per active participant$31
Median for plans this size$1,308
2023$31 per active participant
2022$869 per active participant

Alamo City Motors Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MORNINGSTAR INVESTMENT MANAGEMENT$5,117
SENTRY LIFE INSURANCE COMPANY$2,164

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

Administrative cost history3
2024$13,488 · 0.17%
2023$7,281 · 0.08%
2022$5,014 · 0.05%
Same employer
Similar plansRetail Trade · Texas
Robbins Chevrolet Company TX$9.5M · 0.03%
Jordan Ford, LTD TX$9.5M · 0.73%
Tri-Supply LLC TX$9.4M · 0.48%
McCourt Equipment TX$9.3M · 0.76%
Hull Supply Company, Inc TX$9.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741742838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.