Plan Ledger DOL Form 5500 · updated monthly

Don McGill of West Houston, LTD.401(k)

DON MCGILL TOYOTA 401(K) PLAN · KATY, TX · plan year 2023

Reported admin expense ratio · 2023
0.63%

Don McGill of West Houston, LTD. reported $76,638 in plan administrative expenses for 2023: 0.63% of average plan assets, higher than ~90% of peers. 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 0.46% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 2,642nd-largest of 5,688 plans among Texas employers on file, and the 2,114th of 5,215 in retail trade.

Plan summary
Net assets, end of year$13,125,903
Participants with balances733
Active participants554
Employer contributions—
Employee contributions$1,586,214
Employer contribution per active participant—
Average account balance$17,907
Benefits paid to participants$1,533,527
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON COMPANY,P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$13.1M · 733 accts
2022$11.2M · 631 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$62,565
Audit (IQPA)$14,073
Total administrative$76,638
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$62,565
HARPER PEARSON · Accounting / audit$14,073

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

Administrative cost history2
2023$76,638 · 0.63%
2022$55,120 · 0.46%
Same employer
Similar plansRetail Trade · Texas
Shoppas Farm Supply Inc TX$13.9M · 0.06%
Twin Liquors, LP TX$13.5M · 0.82%
Gillman North, LLC TX$13.0M · 0.47%
Autobahn Imports, LP TX$13.0M · 0.99%
Kent Distributors, Inc. TX$12.9M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741665036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.