Plan Ledger DOL Form 5500 · updated monthly

Gunther Motor Company of Plantation, Inc.401(k)

GUNTHER MOTOR COMPANY 401(K) PLAN · DAVIE, FL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Gunther Motor Company of Plantation, Inc. reported $113,276 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $637 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 0.01% to 0.35%. 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 730th-largest of 3,644 plans among Florida employers on file, and the 918th of 5,215 in retail trade. In 2024, employees put in $7.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,381,863
Participants with balances420
Active participants538
Employer contributions$342,600
Employee contributions$2,608,233
Employer contribution per active participant$637
Average account balance$81,862
Benefits paid to participants$3,029,866
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.4M · 420 accts · $343K emplr
2023$29.8M · 418 accts · $529K emplr
2022$25.9M · 368 accts · $537K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,286
Investment management$34,990
Total administrative$113,276
The Gunther Motor Company of Plantation, Inc. 401(k) match · 2024
Employer contribution per active participant$637
Median for plans this size$2,416
2024$637 per active participant
2023$1,053 per active participant
2022$1,091 per active participant

Gunther Motor Company of Plantation, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$78,286
IRA GROUP, INC. · Investment advisory (plan)$34,990
SMITH & HOWARD, PC · Accounting / auditindirect comp

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$113,276 · 0.35%
2023$51,400 · 0.18%
2022$3,616 · 0.01%
Same employer
Similar plansRetail Trade · Florida
Sunset Automotive Group FL$35.7M · 0.22%
Triangle Auto Center, Inc. FL$35.5M · 0.50%
Rick Case Enterprises, Inc. FL$35.2M · 0.38%
Welldyne Rx FL$32.7M · 0.20%
Mayors Jewelers, Inc. FL$32.0M · 0.20%
Duty Free Americas, Inc. FL$30.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591170702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.