Plan Ledger DOL Form 5500 · updated monthly

Frank Kent Cadillac, LLC401(k)

FRANK KENT CADILLAC, LLC EMPLOYEES' 401(K) SAVINGS PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Frank Kent Cadillac, LLC reported $50,946 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $104 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 rose from 0.42% to 0.46%. 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 the 2,769th-largest of 5,688 plans among Texas employers on file, and the 2,252nd of 5,215 in retail trade. In 2024, employees put in $23.99 for every $1.00 the employer contributed; active participation has grown from 345 to 671 since 2022.

Plan summary
Net assets, end of year$12,138,549
Participants with balances940
Active participants671
Employer contributions$69,872
Employee contributions$1,676,242
Employer contribution per active participant$104
Average account balance$12,913
Benefits paid to participants$1,024,962
Plan auditUnmodified (clean) audit opinion
AuditorMESCH,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 940 accts · $70K emplr
2023$10.0M · 824 accts · $69K emplr
2022$8.1M · 581 accts · $38K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,387
Investment management$559
Total administrative$50,946
The Frank Kent Cadillac, LLC 401(k) match · 2024
Employer contribution per active participant$104
Median for plans this size$2,416
2024$104 per active participant
2023$138 per active participant
2022$109 per active participant

Frank Kent Cadillac, LLC'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 · 20241
JOHN HANCOCK · Loan processing$50,387

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$50,946 · 0.46%
2023$37,676 · 0.42%
2022$37,734 · 0.42%
Same employer
Similar plansRetail Trade · Texas
Henna Chevrolet, LP TX$12.3M · 0.05%
Jim Bass Ford, Inc. TX$12.1M · 0.07%
Principle TX$12.1M · 0.59%
Solo Brands, LLC TX$12.1M · 1.07%
Fruit of the Earth TX$12.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751235317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.