Plan Ledger DOL Form 5500 · updated monthly

Bachman Auto Group, Inc.401(k)

BACHMAN AUTO GROUP 401(K) SAVINGS AND INVESTMENT PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Bachman Auto Group, Inc. reported $110,849 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $734 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 0.37% to 0.41%. 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 225th-largest of 871 plans among Kentucky employers on file, and the 1,065th of 5,215 in retail trade. In 2024, employees put in $5.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,097,699
Participants with balances406
Active participants390
Employer contributions$286,360
Employee contributions$1,644,834
Employer contribution per active participant$734
Average account balance$71,669
Benefits paid to participants$1,829,610
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.1M · 406 accts · $286K emplr
2023$25.4M · 397 accts · $273K emplr
2022$21.2M · 393 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,849
Total administrative$110,849
The Bachman Auto Group, Inc. 401(k) match · 2024
Employer contribution per active participant$734
Median for plans this size$2,416
2024$734 per active participant
2023$754 per active participant
2022$710 per active participant

Bachman Auto Group, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$110,849
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$110,849 · 0.41%
2023$92,425 · 0.40%
2022$86,700 · 0.37%
Same employer
Similar plansRetail Trade · Kentucky
Thorntons LLC KY$60.1M · 0.18%
Galls, LLC KY$33.9M · 0.37%
Newcomb Oil Co., LLC KY$33.0M · 0.56%
Franklin Management, Inc. KY$18.6M · 0.68%
Moore Automotive, Inc. KY$18.0M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611083122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.