Plan Ledger DOL Form 5500 · updated monthly

Creative Automotive Solutions, Inc.401(k)

CREATIVE AUTOMOTIVE SOLUTIONS, INC. 401(K) PLAN · ELIZABETHTOWN, KY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Creative Automotive Solutions, Inc. reported $17,175 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,147 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 0.083%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 271st-largest of 871 plans among Kentucky employers on file, and the 1,354th of 5,215 in retail trade. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 246 to 299 since 2022.

Plan summary
Net assets, end of year$21,924,432
Participants with balances630
Active participants299
Employer contributions$641,983
Employee contributions$1,269,572
Employer contribution per active participant$2,147
Average account balance$34,801
Benefits paid to participants$1,857,549
Plan auditUnmodified (clean) audit opinion
AuditorBOWDEN & WOOD. PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 630 accts · $642K emplr
2023$19.3M · 545 accts · $564K emplr
2022$15.6M · 499 accts · $538K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,375
Total administrative$17,175
The Creative Automotive Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,147
Median for plans this size$2,416
2024$2,147 per active participant
2023$2,196 per active participant
2022$2,188 per active participant

Creative Automotive Solutions, Inc.'s 2024 employer contribution ran below the $2,416 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
OWEN LARUE, LLCindirect comp
CREATIVE RETIREMENT SYSTEMS · Other servicesindirect comp

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$17,175 · 0.08%
2023$12,750 · 0.07%
2022$14,200 · 0.08%
Same employer
Similar plansRetail Trade · Kentucky
Galls, LLC KY$33.9M · 0.37%
Newcomb Oil Co., LLC KY$33.0M · 0.56%
Bachman Auto Group, Inc. KY$29.1M · 0.41%
Franklin Management, Inc. KY$18.6M · 0.68%
Moore Automotive, Inc. KY$18.0M · 0.43%
Feeders Supply Company, LLC KY$15.8M · 0.65%
Bob Sumerel Tire Company KY$14.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611285353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.