Plan Ledger DOL Form 5500 · updated monthly

Barnes Crossing Auto LLC401(k)

BARNES CROSSING AUTO GROUP 401(K) PLAN · SALTILLO, MS · plan year 2024

Reported admin expense ratio · 2024
1.48%

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

Barnes Crossing Auto LLC reported $42,719 in plan administrative expenses for 2024: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,273 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 1.34% to 1.48%. 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 Mississippi (276th of 367), and 4,211th of 5,215 in retail trade. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 386 to 438 since 2022.

Plan summary
Net assets, end of year$3,484,831
Participants with balances173
Active participants438
Employer contributions$557,512
Employee contributions$796,823
Employer contribution per active participant$1,273
Average account balance$20,144
Benefits paid to participants$634,532
Plan auditUnmodified (clean) audit opinion
AuditorNAIL MCKINNEY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 173 accts · $558K emplr
2023$2.3M · 143 accts · $498K emplr
2022$1.1M · 124 accts · $509K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,109
Investment management$21,610
Total administrative$42,719
The Barnes Crossing Auto LLC 401(k) match · 2024
Employer contribution per active participant$1,273
Median for plans this size$1,313
2024$1,273 per active participant
2023$1,241 per active participant
2022$1,319 per active participant

Barnes Crossing Auto LLC's 2024 employer contribution ran below 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$21,109
FTB ADVISORS, INC. · Investment advisory (plan)$21,610

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$42,719 · 1.48%
2023$23,910 · 1.42%
2022$14,593 · 1.34%
Same employer
Similar plansRetail Trade · Mississippi
D & H Company MS$4.2M · 1.32%
Triple V, Inc. MS$3.4M · 0.72%
Prince Oil Company, Inc. MS$3.4M · 0.77%
Kirk Auto Co. MS$2.4M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 272459506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.