Plan Ledger DOL Form 5500 · updated monthly

El Dorado Motors, Inc.401(k)

THE EL DORADO MOTORS, INC. 401(K) PLAN · MCKINNEY, TX · plan year 2023

Reported admin expense ratio · 2023
0.83%

El Dorado Motors, Inc. reported $37,958 in plan administrative expenses for 2023: 0.83% of average plan assets, higher than ~75% 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 2 years on file its reported administrative ratio has held roughly steady near 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (4,019th of 5,688), and 3,729th of 5,215 in retail trade.

Plan summary
Net assets, end of year$5,102,713
Participants with balances89
Active participants185
Employer contributions—
Employee contributions$666,145
Employer contribution per active participant—
Average account balance$57,334
Benefits paid to participants$584,367
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, VEDRENNE & HOWARD
Plan history2
Yearassets · accounts · employer contribution
2023$5.1M · 89 accts
2022$4.0M · 100 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,958
Total administrative$37,958
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 · 20231
JULY BUSINESS SERVICES, INC · Recordkeeping$11,470

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$37,958 · 0.83%
2022$35,700 · 0.86%
Same employer
Similar plansRetail Trade · Texas
Ultara Holdings, Inc. TX$5.2M · 0.47%
Grunt Style, LLC TX$5.2M · 1.21%
Huckberry, Inc. TX$5.2M · 0.18%
Boardwalk Auto Group LLC TX$5.1M · 0.06%
M & D Supply, Inc. TX$5.1M · 0.14%
Street Toyota, Inc. TX$5.0M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752410079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.