Plan Ledger DOL Form 5500 · updated monthly

Automasters Motor Co., Inc. dba the Automaster401(k)

THE AUTOMASTER 401(K) PLAN · SHELBURNE, VT · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Automasters Motor Co., Inc. dba the Automaster reported $31,441 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $2,016 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 0.45% to 0.48%. 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 among the smaller plans on file in Vermont (170th of 230), and 3,315th of 5,215 in retail trade. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 118 to 134 since 2022.

Plan summary
Net assets, end of year$6,712,530
Participants with balances103
Active participants134
Employer contributions$270,093
Employee contributions$615,482
Employer contribution per active participant$2,016
Average account balance$65,170
Benefits paid to participants$1,378,241
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 103 accts · $270K emplr
2023$6.5M · 104 accts · $243K emplr
2022$5.4M · 94 accts · $33K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,029
Investment management$20,412
Total administrative$31,441
The Automasters Motor Co., Inc. dba the Automaster 401(k) match · 2024
Employer contribution per active participant$2,016
Median for plans this size$1,313
2024$2,016 per active participant
2023$1,887 per active participant
2022$278 per active participant

Automasters Motor Co., Inc. dba the Automaster'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$12,094
MORGAN STANLEY · Investment advisory (plan)$20,412

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$31,441 · 0.48%
2023$26,226 · 0.44%
2022$27,047 · 0.45%
Same employer
Similar plansRetail Trade · Vermont
Mactaw, Inc. VT$10.4M · 0.92%
Cota & Cota, Inc. VT$9.1M · 0.02%
Badge Motor Company VT$8.7M · 0.40%
St. Johnsbury Subaru LLC VT$5.9M · 1.22%
Handy Group, Inc. VT$5.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030221207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.