Plan Ledger DOL Form 5500 · updated monthly

Dick Poe Motors401(k)

DICK POE MOTORS 401(K) PLAN · EL PASO, TX · plan year 2024

Reported admin expense ratio · 2024
1.19%

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

Dick Poe Motors reported $24,245 in plan administrative expenses for 2024: 1.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $56 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 rose from 1.06% to 1.19%. 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 Texas (4,879th of 5,688), and 4,637th of 5,215 in retail trade. In 2024, employees put in $22.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,109,119
Participants with balances99
Active participants192
Employer contributions$10,709
Employee contributions$242,341
Employer contribution per active participant$56
Average account balance$21,304
Benefits paid to participants$327,927
Plan auditDisclaimer of opinion
AuditorADAM BOCK, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 99 accts · $11K emplr
2023$2.0M · 101 accts · $12K emplr
2022$1.7M · 113 accts · $16K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,245
Total administrative$24,245
The Dick Poe Motors 401(k) match · 2024
Employer contribution per active participant$56
Median for plans this size$1,313
2024$56 per active participant
2023$67 per active participant
2022$83 per active participant

Dick Poe Motors's 2024 employer contribution ran below the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$24,244
LPL FINANCIAL LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$24,245 · 1.19%
2023$20,835 · 1.13%
2022$18,933 · 1.06%
Similar plansRetail Trade · Texas
Mike Calvert, LLC TX$2.2M · 0.17%
Navigant Holdings, LLC TX$2.2M · 1.34%
Peak Trailer Group, LLC TX$2.1M · 0.18%
McGavock Auto Group, LLP TX$2.1M · 0.27%
Vngr Beverage LLC TX$1.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 477029436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.