Plan Ledger DOL Form 5500 · updated monthly

Fehrer Automotive North America, LLC401(k)

FEHRER AUTOMOTIVE NORTH AMERICA, LLC 401(K) PLAN · DUNCAN, SC · plan year 2024

Reported admin expense ratio · 2024
1.27%

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

Fehrer Automotive North America, LLC reported $152,760 in plan administrative expenses for 2024: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,420 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 fell from 1.35% to 1.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 358th-largest of 807 plans among South Carolina employers on file, and 7,480th of 13,661 in manufacturing. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has shrunk from 1,128 to 876 since 2022.

Plan summary
Net assets, end of year$13,718,238
Participants with balances1,745
Active participants876
Employer contributions$1,244,154
Employee contributions$1,573,092
Employer contribution per active participant$1,420
Average account balance$7,861
Benefits paid to participants$845,670
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 1,745 accts · $1.2M emplr
2023$10.4M · 1,139 accts · $1.0M emplr
2022$8.0M · 1,012 accts · $968K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$152,760
Total administrative$152,760
The Fehrer Automotive North America, LLC 401(k) match · 2024
Employer contribution per active participant$1,420
Median for plans this size$2,416
2024$1,420 per active participant
2023$1,255 per active participant
2022$859 per active participant

Fehrer Automotive North America, LLC's 2024 employer contribution ran below the $2,416 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$137,406

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 history3
2024$152,760 · 1.27%
2023$115,554 · 1.26%
2022$113,200 · 1.35%
Same employer
Similar plansManufacturing · South Carolina
Bomag Americas, Inc. SC$14.6M · 0.02%
Bwt LLC SC$14.5M · 0.10%
Agru America, Inc. SC$14.3M · 0.64%
Greenfield Industries, Inc. SC$14.2M · 0.46%
Ventek Solutions LLC SC$13.6M · 0.09%
Gentherm Automotive, LLC SC$13.3M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571082399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.