Plan Ledger DOL Form 5500 · updated monthly

Auto Parts Manufacturing Mississippi401(k)

AUTO PARTS MANUFACTURING MISSISSIPPI 401(K) PLAN · GUNTOWN, MS · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Auto Parts Manufacturing Mississippi reported $24,970 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,078 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 0.20% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 152nd-largest of 367 plans among Mississippi employers on file, and 2,712th of 4,246 in wholesale trade. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 379 to 483 since 2022.

Plan summary
Net assets, end of year$11,671,116
Participants with balances391
Active participants483
Employer contributions$520,848
Employee contributions$1,230,272
Employer contribution per active participant$1,078
Average account balance$29,849
Benefits paid to participants$902,162
Plan auditUnmodified (clean) audit opinion
AuditorNAIL MCKINNEY PROFESSIONAL ASSOC
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 391 accts · $521K emplr
2023$10.0M · 331 accts · $381K emplr
2022$8.5M · 311 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,569
Trustee / custodial$12,401
Total administrative$24,970
The Auto Parts Manufacturing Mississippi 401(k) match · 2024
Employer contribution per active participant$1,078
Median for plans this size$2,416
2024$1,078 per active participant
2023$899 per active participant
2022$949 per active participant

Auto Parts Manufacturing Mississippi's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Participant communication$12,569
RENASANT BANK · Other services$12,401

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,970 · 0.23%
2023$19,213 · 0.21%
2022$17,899 · 0.20%
Same employer
Similar plansWholesale Trade · Mississippi
Van Zyverden, Inc. MS$18.4M · 0.44%
Waring Oil Company, LLC MS$16.7M · 0.49%
Krone NA Inc MS$16.6M · 0.20%
Hotel & Restaurant Supply MS$12.8M · 0.06%
Precision Spine Inc. MS$10.3M · 0.35%
Dutch Oil Company, Inc. MS$8.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753252370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.