Plan Ledger DOL Form 5500 · updated monthly

Carlsbad Auto Company, Inc.401(k)

CARLSBAD AUTO COMPANY, INC. DBA POLLARD FRIENDLY FORD 401(K) PLAN · LUBBOCK, TX · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Carlsbad Auto Company, Inc. reported $1,790 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $879 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (4,008th of 5,688), and 3,713th of 5,215 in retail trade. In 2022, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,168,746
Participants with balances71
Active participants111
Employer contributions$97,594
Employee contributions$302,729
Employer contribution per active participant$879
Average account balance$72,799
Benefits paid to participants$88,492
Plan auditUnmodified (clean) audit opinion
AuditorGARY BOWERS & MILLER
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,790
Total administrative$1,790
The Carlsbad Auto Company, Inc. 401(k) match · 2022
Employer contribution per active participant$879
Median for plans this size$1,114

Carlsbad Auto Company, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,790 · 0.03%
Similar plansRetail Trade · Texas
Vbm Acquisition, LLC TX$5.2M · 0.15%
Ultara Holdings, Inc. TX$5.2M · 0.47%
Grunt Style, LLC TX$5.2M · 1.21%
Huckberry, Inc. TX$5.2M · 0.18%
El Dorado Motors, Inc. TX$5.1M · 0.83%
Boardwalk Auto Group LLC TX$5.1M · 0.06%
M & D Supply, Inc. TX$5.1M · 0.14%
Street Toyota, Inc. TX$5.0M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850131377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.