Plan Ledger DOL Form 5500 · updated monthly

Fkg Oil Company dba Motomart401(k)

MOTOMART 401(K) PLAN · BELLEVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Fkg Oil Company dba Motomart reported $75,865 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $875 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 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (1,967th of 3,702), and the 1,865th of 5,215 in retail trade. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,445,932
Participants with balances173
Active participants477
Employer contributions$417,137
Employee contributions$794,563
Employer contribution per active participant$875
Average account balance$89,283
Benefits paid to participants$2,018,981
Plan auditUnmodified (clean) audit opinion
AuditorWOLFF & TAYLOR, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 173 accts · $417K emplr
2023$14.5M · 193 accts · $404K emplr
2022$13.5M · 174 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,424
Investment management$44,441
Total administrative$75,865
The Fkg Oil Company dba Motomart 401(k) match · 2024
Employer contribution per active participant$875
Median for plans this size$2,416
2024$875 per active participant
2023$891 per active participant
2022$883 per active participant

Fkg Oil Company dba Motomart's 2024 employer contribution ran below the $2,416 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.

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 · 20243
CREATIVE PLANNING LLC · Investment advisory (plan)$38,131
EMPOWER ADVISORY GROUP, LLC · Investment management$6,310

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$75,865 · 0.51%
2023$74,713 · 0.53%
2022$80,698 · 0.53%
Same employer
Similar plansRetail Trade · Illinois
West Jeff Auto Sales IL$16.5M · 0.57%
Rogers Enterprises, Inc. IL$15.9M · 0.67%
Joe Rizza Dealer Group IL$15.7M · 0.75%
Russo Hardware Inc IL$15.5M · 0.39%
Graham C-Stores Company IL$15.3M · 0.08%
Murgado Motor Werks LLC IL$14.9M · 0.07%
Raymond Chevrolet, Inc. IL$14.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370974528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.