Plan Ledger DOL Form 5500 · updated monthly

Eissmann Automotive, Inc.401(k)

EISSMANN AUTOMOTIVE 401K PLAN · PELL CITY, AL · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Eissmann Automotive, Inc. reported $69,904 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,622 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 6 years on file its reported administrative ratio rose from 0.21% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alabama (462nd of 902), and 8,760th of 13,661 in manufacturing. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has shrunk from 728 to 496 since 2018.

Plan summary
Net assets, end of year$10,024,227
Participants with balances673
Active participants496
Employer contributions$804,643
Employee contributions$1,136,828
Employer contribution per active participant$1,622
Average account balance$14,895
Benefits paid to participants$2,546,407
Plan auditUnmodified (clean) audit opinion
AuditorROEDL LANGFORD DE KOCK LLP
Plan history5
Yearassets · accounts · employer contribution
2024$10.0M · 673 accts · $805K emplr
2023$9.3M · 750 accts · $799K emplr
2022$7.1M · 504 accts · $647K emplr
2019$5.4M · 444 accts · $647K emplr
2018$4.3M · 809 accts · $816K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,976
Investment management$1,928
Total administrative$69,904
The Eissmann Automotive, Inc. 401(k) match · 2024
Employer contribution per active participant$1,622
Median for plans this size$1,313
2024$1,622 per active participant
2023$1,435 per active participant
2022$1,374 per active participant
2019$1,295 per active participant
2018$1,121 per active participant

Eissmann Automotive, Inc.'s 2024 employer contribution ran above 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$15,236
WILSHIRE ASSOCIATES INC(USA) · Investment advisory (participants)$1,928

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history5
2024$69,904 · 0.72%
2023$50,971 · 0.62%
2022$40,526 · 0.55%
2019$19,230 · 0.39%
2018$7,532 · 0.21%
Same employer
Similar plansManufacturing · Alabama
Lakeland Industries, Inc. AL$10.7M · 0.50%
Joon, LLC D/B/A/ Ajin USA AL$10.1M · 0.63%
Frit, Inc. AL$10.1M · 0.47%
Polyplex USA LLC AL$9.7M · 1.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 980426136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.