Plan Ledger DOL Form 5500 · updated monthly

Arc Automotive, Inc.401(k)

ARC AUTOMOTIVE RETIREMENT PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Arc Automotive, Inc. reported $79,946 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,131 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 0.49% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 703rd-largest of 1,496 plans among Tennessee employers on file, and 7,355th of 13,661 in manufacturing. In 2024, employees put in $3.40 for every $1.00 the employer contributed; active participation has shrunk from 156 to 133 since 2022.

Plan summary
Net assets, end of year$14,100,421
Participants with balances198
Active participants133
Employer contributions$283,379
Employee contributions$964,085
Employer contribution per active participant$2,131
Average account balance$71,214
Benefits paid to participants$2,083,675
Plan auditUnmodified (clean) audit opinion
AuditorPUGH & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 198 accts · $283K emplr
2023$13.5M · 314 accts · $366K emplr
2022$12.0M · 226 accts · $323K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,946
Total administrative$79,946
The Arc Automotive, Inc. 401(k) match · 2024
Employer contribution per active participant$2,131
Median for plans this size$2,416
2024$2,131 per active participant
2023$1,578 per active participant
2022$2,069 per active participant

Arc Automotive, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$79,946
MERRILL LYNCH · Pension consulting · 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.

Administrative cost history3
2024$79,946 · 0.58%
2023$71,194 · 0.56%
2022$61,920 · 0.49%
Same employer
Similar plansManufacturing · Tennessee
Colortech, Inc. TN$15.0M · 0.56%
Florim USA, Inc. TN$14.9M · 0.72%
Scepter, Inc. TN$14.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621812438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.