Plan Ledger DOL Form 5500 · updated monthly

Coastal Motor Sales, Inc.401(k)

COASTAL MOTOR SALES, INC. 401(K) PLAN · SAVANNAH, GA · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Coastal Motor Sales, Inc. reported $32,331 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $887 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 3 years on file its reported administrative ratio has held roughly steady near 0.99%. 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 Georgia (1,773rd of 2,160), and 4,208th of 5,215 in retail trade. In 2024, employees put in $4.70 for every $1.00 the employer contributed; active participation has shrunk from 120 to 103 since 2022.

Plan summary
Net assets, end of year$3,500,775
Participants with balances91
Active participants103
Employer contributions$91,313
Employee contributions$429,007
Employer contribution per active participant$887
Average account balance$38,470
Benefits paid to participants$444,964
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 91 accts · $91K emplr
2023$3.0M · 95 accts · $96K emplr
2022$2.6M · 102 accts · $91K emplr
Administrative expenses, itemized · 2024
Investment management$32,331
Total administrative$32,331
The Coastal Motor Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$887
Median for plans this size$1,313
2024$887 per active participant
2023$888 per active participant
2022$755 per active participant

Coastal Motor Sales, Inc.'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 · 20244
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,350
EDWARD JONES & CO · Investment advisory (participants)$6,383
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)$6,059
WILSHIRE ASSOCIATES, INC · Investment advisory (participants)$665

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$32,331 · 0.99%
2023$30,268 · 1.08%
2022$24,921 · 0.96%
Same employer
Similar plansRetail Trade · Georgia
Stokes Hodges Auto Group GA$3.8M · 0.84%
Riverside Ford, Inc. GA$3.5M · 0.01%
Wrbs Opco, LLC GA$3.2M · 0.32%
Town & Country Gas, Inc GA$3.1M · 1.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650139069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.