Plan Ledger DOL Form 5500 · updated monthly

Gary Mathews Motors, Inc.401(k)

GARY MATHEWS MOTORS, INC. 401(K) PLAN · CLARKSVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Gary Mathews Motors, Inc. reported $4,795 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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.

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 Tennessee (1,124th of 1,496), and 3,957th of 5,215 in retail trade.

Plan summary
Net assets, end of year$4,326,695
Participants with balances66
Active participants120
Employer contributions$0
Employee contributions$359,215
Employer contribution per active participant$0
Average account balance$65,556
Benefits paid to participants$93,688
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,015
Investment management$2,780
Total administrative$4,795
The Gary Mathews Motors, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Gary Mathews 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,795 · 0.11%
Similar plansRetail Trade · Tennessee
Logo Brands, Inc. TN$4.6M · 0.59%
Old Time Pottery, LLC TN$4.5M · 1.08%
Mountain View Ford, Inc. TN$3.7M · 0.57%
Assemblers, Inc. TN$2.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621366801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.