Gulf Coast Motor Sales Inc.401(k)
PALMER COMPANIES 401K RETIREMENT PLAN · MOBILE, AL · plan year 2025
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Gulf Coast Motor Sales Inc. reported $3,096 in plan administrative expenses for 2025: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $626 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 3 years on file its reported administrative ratio fell from 0.07% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Alabama (453rd of 902), and the 2,570th of 5,215 in retail trade. In 2025, employees put in $5.31 for every $1.00 the employer contributed; active participation has shrunk from 298 to 250 since 2022.
Gulf Coast Motor Sales Inc.'s 2025 employer contribution ran below the $1,464 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.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 650452841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.