Plan Ledger DOL Form 5500 · updated monthly

Auto Park Motors, Inc.401(k)

AUTO PARK AUTOMOTIVE GROUP 401(K) PLAN · PLYMOUTH, IN · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Auto Park Motors, Inc. reported $6,257 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,287 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 1 year on file its reported administrative ratio rose from 0.07% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Indiana (1,340th of 1,562), and 3,950th of 4,246 in wholesale trade. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,833,036
Participants with balances144
Active participants106
Employer contributions$242,462
Employee contributions$283,550
Employer contribution per active participant$2,287
Average account balance$19,674
Benefits paid to participants$271,280
Plan auditUnmodified (clean) audit opinion
AuditorAPPLEGATE & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$2.8M · 144 accts · $242K emplr
2023$2.3M · 149 accts · $287K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,116
Investment management$141
Total administrative$6,257
The Auto Park Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$2,287
Median for plans this size$1,313
2024$2,287 per active participant
2023$2,733 per active participant

Auto Park Motors, 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.

Administrative cost history2
2024$6,257 · 0.25%
2023$1,290 · 0.07%
Similar plansWholesale Trade · Indiana
Metalx, LLC IN$5.4M · 0.61%
Evapar, Inc. IN$5.2M · 0.50%
Novelty, Inc. IN$5.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861262916 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.