Plan Ledger DOL Form 5500 · updated monthly

Five Star Motors, Inc.401(k)

FIVE STAR DEALERSHIPS 401(K) PLAN · ABERDEEN, WA · plan year 2022

Employer contribution per participant · 2022
$196

Five Star Motors, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,505,463 across 91 participant accounts, with employer contributions averaging $196 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,457th of 1,714), and 4,207th of 5,215 in retail trade. In 2022, employees put in $9.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,505,463
Participants with balances91
Active participants140
Employer contributions$27,435
Employee contributions$261,413
Employer contribution per active participant$196
Average account balance$38,522
Benefits paid to participants$133,565
Plan auditUnmodified (clean) audit opinion
AuditorREKDAL HOPKINS HOWARD, PS
The Five Star Motors, Inc. 401(k) match · 2022
Employer contribution per active participant$196
Median for plans this size$1,114

Five Star Motors, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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.

Similar plansRetail Trade · Washington
Juvo Plus Inc. WA$4.5M · 1.09%
Milam, Inc. WA$4.2M · 0.91%
Kaspien Inc. WA$4.0M · 1.02%
Thrive Causemetics, Inc. WA$3.9M · 0.17%
Sunfair Chevrolet, Inc. WA$3.4M · 0.84%
Farwest Sports Inc WA$3.3M · 1.14%
Sst Group, LLC WA$3.1M · 0.82%
Poulsbo Rv, Inc. WA$3.0M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911887754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.