Plan Ledger DOL Form 5500 · updated monthly

Grubbs Infiniti, LTD401(k)

GRUBBS FAMILY OF DEALERSHIPS 401(K) PLAN · GRAPEVINE, TX · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Grubbs Infiniti, LTD reported $54,364 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $729 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 0.67% to 0.73%. 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 (3,396th of 5,688), and 3,050th of 5,215 in retail trade. In 2024, employees put in $4.31 for every $1.00 the employer contributed; active participation has grown from 245 to 351 since 2022.

Plan summary
Net assets, end of year$7,974,326
Participants with balances378
Active participants351
Employer contributions$256,016
Employee contributions$1,104,532
Employer contribution per active participant$729
Average account balance$21,096
Benefits paid to participants$1,158,229
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 378 accts · $256K emplr
2023$6.9M · 371 accts · $12K emplr
2022$6.1M · 263 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,320
Total administrative$54,364
The Grubbs Infiniti, LTD 401(k) match · 2024
Employer contribution per active participant$729
Median for plans this size$1,313
2024$729 per active participant
2023$40 per active participant
2022$780 per active participant

Grubbs Infiniti, LTD's 2024 employer contribution ran below the $1,313 median for plans its size. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,320
GLOBAL RETIREMENT PARTNERS, LLC · Consulting · Investment advisory (plan)$13,644
FORVIS · Consulting$8,400

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$54,364 · 0.73%
2023$39,996 · 0.62%
2022$42,392 · 0.67%
Same employer
Similar plansRetail Trade · Texas
Tiff's Treats Gp, LLC TX$8.4M · 0.56%
Rudolph Chevrolet, LLC TX$8.3M · 0.71%
Caliber Motors Inc. TX$8.2M · 0.02%
Barron Service Parts Co TX$7.8M · 0.45%
Senderra Rx Partners LLC TX$7.8M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752871140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.