Plan Ledger DOL Form 5500 · updated monthly

Automall Payroll Services LTD401(k)

AUTOMALL PAYROLL SERVICES LTD 401(K) PLAN AND TRUST · WEST ISLIP, NY · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Automall Payroll Services LTD reported $146,910 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,537th-largest of 5,648 plans among New York employers on file, and the 1,459th of 5,215 in retail trade. In 2024, employees put in $756.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,918,508
Participants with balances1,125
Active participants1,083
Employer contributions$5,453
Employee contributions$4,127,184
Employer contribution per active participant$5
Average account balance$17,705
Benefits paid to participants$2,861,171
Plan auditUnmodified (clean) audit opinion
AuditorTMI CPA
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,700
Investment management$6,478
Total administrative$146,910
The Automall Payroll Services LTD 401(k) match · 2024
Employer contribution per active participant$5
Median for plans this size$2,416

Automall Payroll Services LTD'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 · 20246
NATIONAL AUTOMOBILE DEALERS ASSOCIA$21,199
EMPOWER ADVISORY GROUP, LLC · Investment management$6,478
CAPFINANCIAL PARTNERS LLC DBA CAPTR$3,533
NORTHEAST RETIREMENT SERVICES, INC. · Contract administrator$2,207
OSAIC WEALTH INCindirect comp

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

Administrative cost history1
2024$146,910 · 0.80%
All plans at this employer2
AUTOMALL PAYROLL SERVICES LTD 401(K) PLAN AND TRUST401(k)
AUTOMALL PAYROLL SERVICES LTD 401(K) PLAN AND TRUST401(k)
Similar plansRetail Trade · New York
The Farmer's Dog, Inc. NY$20.9M · 0.23%
Gagosian Gallery, Inc. NY$20.4M · 0.64%
Orville's Appliance, Inc. NY$20.2M · 0.01%
Ed Herrington, Inc. NY$20.2M · 0.23%
Ganz U.S.A. LLC NY$19.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320323841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.