Plan Ledger DOL Form 5500 · updated monthly

Exeter Finance LLC401(k)

EXETER FINANCE LLC 401(K) PROFIT SHARING PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Exeter Finance LLC reported $123,966 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,206 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 0.162%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 717th-largest of 5,688 plans among Texas employers on file, and the 1,120th of 4,798 in finance & insurance. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 1,593 to 1,819 since 2022.

Plan summary
Net assets, end of year$86,290,540
Participants with balances1,471
Active participants1,819
Employer contributions$4,012,296
Employee contributions$7,596,923
Employer contribution per active participant$2,206
Average account balance$58,661
Benefits paid to participants$4,432,530
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.3M · 1,471 accts · $4.0M emplr
2023$66.5M · 1,416 accts · $3.8M emplr
2022$49.7M · 1,292 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,966
Total administrative$123,966
The Exeter Finance LLC 401(k) match · 2024
Employer contribution per active participant$2,206
Median for plans this size$3,635
2024$2,206 per active participant
2023$2,221 per active participant
2022$2,235 per active participant

Exeter Finance LLC's 2024 employer contribution ran below the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$123,966

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$123,966 · 0.16%
2023$61,631 · 0.11%
2022$80,448 · 0.16%
Same employer
Similar plansFinance & Insurance · Texas
Verabank, Inc. TX$88.7M · 0.15%
Nexpoint Advisors, LP TX$88.1M · 0.10%
Veritex Community Bank TX$84.0M · 0.04%
Southside Bancshares, Inc. TX$82.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113779713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.