Plan Ledger DOL Form 5500 · updated monthly

Cowboy Motorsports of Austin401(k)

COWBOY MOTORSPORTS 401(K) PLAN · BEAUMONT, TX · plan year 2022

Reported admin expense ratio · 2022
0.84%

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

Cowboy Motorsports of Austin reported $32,585 in plan administrative expenses for 2022: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,126 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 1 year on file its reported administrative ratio rose from 0.84% to 6.71%. 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 (4,433rd of 5,688), and 4,203rd of 5,215 in retail trade. In 2022, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,509,954
Participants with balances150
Active participants138
Employer contributions$155,436
Employee contributions$272,286
Employer contribution per active participant$1,126
Average account balance$23,400
Benefits paid to participants$470,587
Plan auditDisclaimer of opinion
AuditorZAVERSNIK, ABBOT & ASSOCIATES PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$512K · 43 accts
2022$3.5M · 150 accts · $155K emplr
The Cowboy Motorsports of Austin 401(k) match · 2022
Employer contribution per active participant$1,126
Median for plans this size$1,114

Cowboy Motorsports of Austin's 2022 employer contribution ran above 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 history2
2023$134,897 · 6.71%
2022$32,585 · 0.84%
Similar plansRetail Trade · Texas
Mei Group LLC TX$3.6M · 1.51%
M.A.L. Enterprises, Inc. TX$3.6M · 1.80%
The Khoury Group TX$3.5M · 0.90%
Pat Lobb Toyota TX$3.4M · 0.64%
Fat Quarter Shop LLC TX$3.3M · 1.00%
Arrow Ford, Inc. TX$3.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421702732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.