Plan Ledger DOL Form 5500 · updated monthly

Autozone, Inc.401(k)

AUTOZONE, INC. 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Autozone, Inc. reported $1,002,356 in plan administrative expenses for 2024: 0.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $407 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 fell from 0.18% to 0.10%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other retail trade employers. By assets it is the 28th-largest of 1,496 plans among Tennessee employers on file, and the 56th of 5,215 in retail trade. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 18,535 to 99,222 since 2022.

Plan summary
Net assets, end of year$1,101,406,672
Participants with balances26,654
Active participants99,222
Employer contributions$40,368,494
Employee contributions$74,469,072
Employer contribution per active participant$407
Average account balance$41,322
Benefits paid to participants$115,708,919
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 26,654 accts · $40.4M emplr
2023$967.3M · 25,761 accts · $37.0M emplr
2022$824.5M · 23,737 accts · $37.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,002,356
Total administrative$1,002,356
The Autozone, Inc. 401(k) match · 2024
Employer contribution per active participant$407
Median for plans this size$5,259
2024$407 per active participant
2023$1,845 per active participant
2022$2,009 per active participant

Autozone, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,002,356

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$1,002,356 · 0.10%
2023$100,150 · 0.01%
2022$1,587,740 · 0.18%
Same employer
Similar plansRetail Trade · Tennessee
Kwik Trip, Inc. WI$1.1B · 0.17%
Qvc, Inc. PA$1.1B · 0.07%
Hannaford Bros. Co., LLC ME$1.1B · 0.05%
7-ELEVEN, Inc. OH$1.0B · 0.17%
Lithia Motors, Inc. OR$1.0B · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621482048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.