Plan Ledger DOL Form 5500 · updated monthly

Alan Jay Automotive Management, Inc.401(k)

ALAN JAY AUTOMOTIVE MANAGEMENT, INC. · SEBRING, FL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Alan Jay Automotive Management, Inc. reported $45,818 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,389 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 fell from 1.04% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is the 1,717th-largest of 3,644 plans among Florida employers on file, and the 2,513th of 5,215 in retail trade. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has shrunk from 367 to 321 since 2022.

Plan summary
Net assets, end of year$10,649,713
Participants with balances208
Active participants321
Employer contributions$446,025
Employee contributions$769,520
Employer contribution per active participant$1,389
Average account balance$51,201
Benefits paid to participants$674,228
Plan auditUnmodified (clean) audit opinion
AuditorROSENFELD AND COMPANY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 208 accts · $446K emplr
2023$9.1M · 271 accts · $861K emplr
2022$7.3M · 258 accts · $335K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,818
Total administrative$45,818
The Alan Jay Automotive Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,389
Median for plans this size$1,313
2024$1,389 per active participant
2023$2,674 per active participant
2022$914 per active participant

Alan Jay Automotive Management, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
NATIONWIDE · Recordkeeping · Loan processing$3,217
PENSION FINANCIAL SERVICES · Contract administrator · Pension consulting$19,328
FIDUCIARY WISE, LLC · Investment advisory (plan)$5,616

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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Administrative cost history3
2024$45,818 · 0.46%
2023$115,315 · 1.40%
2022$77,547 · 1.04%
Same employer
Similar plansRetail Trade · Florida
Vera Automotive, Inc. FL$11.2M · 0.47%
Cm Management, Inc. FL$11.2M · 0.39%
Paradies Gifts, Inc. FL$11.1M · 0.01%
Petro Services, Inc. FL$10.4M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593533025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.