Plan Ledger DOL Form 5500 · updated monthly

Group 1 Automotive, Inc.401(k)

GROUP 1 AUTOMOTIVE, INC 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Group 1 Automotive, Inc. reported $791,458 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,327 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 0.07% to 0.16%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 193rd-largest of 5,688 plans among Texas employers on file, and the 107th of 5,215 in retail trade. In 2024, employees put in $2.81 for every $1.00 the employer contributed; active participation has grown from 11,872 to 13,527 since 2022.

Plan summary
Net assets, end of year$539,642,343
Participants with balances8,091
Active participants13,527
Employer contributions$17,946,523
Employee contributions$50,495,849
Employer contribution per active participant$1,327
Average account balance$66,697
Benefits paid to participants$68,998,814
Plan auditUnmodified (clean) audit opinion
AuditorMELTON & MELTON
Plan history3
Yearassets · accounts · employer contribution
2024$539.6M · 8,091 accts · $17.9M emplr
2023$458.2M · 7,608 accts · $11.8M emplr
2022$360.5M · 6,962 accts · $11.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$403,075
Investment management$313,383
Audit (IQPA)$23,500
Total administrative$791,458
The Group 1 Automotive, Inc. 401(k) match · 2024
Employer contribution per active participant$1,327
Median for plans this size$4,294
2024$1,327 per active participant
2023$978 per active participant
2022$972 per active participant

Group 1 Automotive, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$453,075
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$313,383
WILLIS TOWERS WATSON, LLC · Consulting$51,500
MELTON & MELTON , LLP · Accounting / audit$23,500

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$791,458 · 0.16%
2023$658,160 · 0.16%
2022$277,011 · 0.07%
Same employer
Similar plansRetail Trade · Texas
Whole Foods Market, Inc. TX$2.4B · 0.19%
Penney Opco, LLC TX$2.2B · 0.06%
Aveva Inc. TX$485.9M · 0.05%
Brookshire Holdings, Inc. TX$380.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760506313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.