Plan Ledger DOL Form 5500 · updated monthly

Fort Worth Motorcars, LP401(k)

FORT WORTH MOTORCARS, LP 401(K) PLAN · FT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Fort Worth Motorcars, LP reported $6,593 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $342 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 0.60% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (5,064th of 5,688), and 4,785th of 5,215 in retail trade. In 2024, employees put in $9.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,600,666
Participants with balances135
Active participants120
Employer contributions$41,040
Employee contributions$391,206
Employer contribution per active participant$342
Average account balance$11,857
Benefits paid to participants$224,950
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 135 accts · $41K emplr
2023$1.1M · 127 accts · $45K emplr
2022$703K · 117 accts · $54K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,593
Total administrative$6,593
The Fort Worth Motorcars, LP 401(k) match · 2024
Employer contribution per active participant$342
Median for plans this size$1,313
2024$342 per active participant
2023$426 per active participant
2022$485 per active participant

Fort Worth Motorcars, LP's 2024 employer contribution ran below the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$6,592
ADP BROKER-DEALER · Other servicesindirect comp
NEXUS ADVISORS · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,593 · 0.48%
2023$2,795 · 0.30%
2022$3,553 · 0.60%
Similar plansRetail Trade · Texas
Tipton Motors, Inc. TX$1.7M · 0.14%
Rolfson Oil, LLC TX$1.7M · 0.09%
Wuest's, Inc. TX$1.6M · 0.35%
Hlk Auto Group, Inc. TX$1.6M · 1.17%
Jackson Pottery, Inc. TX$1.4M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824030981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.