Plan Ledger DOL Form 5500 · updated monthly

H.A. Motors LLP401(k)

H.A. MOTORS LLP RETIREMENT PLAN AND TRUST · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

H.A. Motors LLP reported $123,435 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,092 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 fell from 1.08% to 0.93%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,387th-largest of 3,644 plans among Florida employers on file, and 2,397th of 4,246 in wholesale trade. In 2024, employees put in $4.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,642,925
Participants with balances585
Active participants461
Employer contributions$503,566
Employee contributions$2,251,728
Employer contribution per active participant$1,092
Average account balance$25,031
Benefits paid to participants$1,657,767
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 585 accts · $504K emplr
2023$11.9M · 467 accts · $599K emplr
2022$8.5M · 481 accts · $383K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,543
Investment management$59,892
Audit (IQPA)$8,000
Total administrative$123,435
The H.A. Motors LLP 401(k) match · 2024
Employer contribution per active participant$1,092
Median for plans this size$2,416
2024$1,092 per active participant
2023$1,359 per active participant
2022$783 per active participant

H.A. Motors LLP'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 · 20244
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$47,869
EMPOWER ADVISORY GROUP, LLC · Investment management$12,023
ASSURANCE DIMENSIONS · Accounting / audit$8,000

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$123,435 · 0.93%
2023$97,407 · 0.96%
2022$91,695 · 1.08%
Similar plansWholesale Trade · Florida
American Gift Corporation FL$16.6M · 0.00%
Jci Jones Chemicals, Inc. FL$16.1M · 0.90%
Dedc, Inc. FL$15.6M · 0.04%
Wincorp International, Inc. FL$14.2M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593185456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.