Plan Ledger DOL Form 5500 · updated monthly

Berkshire Hathaway Automotive Inc.401(k)

THE 401(K) SAVINGS PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Berkshire Hathaway Automotive Inc. reported $65,700 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $374 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 0.04% to 0.01%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 208th-largest of 5,688 plans among Texas employers on file, and the 121st of 5,215 in retail trade. In 2024, employees put in $10.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$472,281,788
Participants with balances13,174
Active participants10,348
Employer contributions$3,866,032
Employee contributions$41,441,347
Employer contribution per active participant$374
Average account balance$35,850
Benefits paid to participants$62,511,921
Plan auditUnmodified (clean) audit opinion
AuditorMARKS NELSON
Plan history3
Yearassets · accounts · employer contribution
2024$472.3M · 13,174 accts · $3.9M emplr
2023$422.9M · 12,864 accts · $4.1M emplr
2022$352.3M · 12,374 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,900
Audit (IQPA)$18,600
Total administrative$65,700
The Berkshire Hathaway Automotive Inc. 401(k) match · 2024
Employer contribution per active participant$374
Median for plans this size$4,294
2024$374 per active participant
2023$415 per active participant
2022$405 per active participant

Berkshire Hathaway Automotive Inc.'s 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,900
MARKSNELSON LLC · Accounting / audit$18,600

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$65,700 · 0.01%
2023$57,665 · 0.01%
2022$135,125 · 0.04%
Same employer
Similar plansRetail Trade · Texas
Group 1 Automotive, Inc. TX$539.6M · 0.16%
Aveva Inc. TX$485.9M · 0.05%
Brookshire Holdings, Inc. TX$380.6M · 0.25%
Academy Sports & Outdoors TX$364.8M · 0.15%
Michaels Stores, Inc. TX$337.2M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472124505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.