Plan Ledger DOL Form 5500 · updated monthly

Harr Motor Company401(k)

AUTOMOTIVE MANAGEMENT, INC. 401(K) PLAN · MARLBORO, MA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Harr Motor Company reported $63,408 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $0 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.

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 among the smaller plans on file in Massachusetts (1,569th of 2,726), and the 1,972nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$14,392,095
Participants with balances347
Active participants198
Employer contributions$0
Employee contributions$997,397
Employer contribution per active participant$0
Average account balance$41,476
Benefits paid to participants$2,316,347
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,408
Investment management$15,500
Audit (IQPA)$6,500
Total administrative$63,408
The Harr Motor Company 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Harr Motor Company'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,408
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$15,500
CITRIN COOPERMAN & COMPANY, LLP · Accounting / audit$6,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$63,408 · 0.45%
Same employer
Similar plansRetail Trade · Massachusetts
Longs Jewelers, LTD MA$16.8M · 0.53%
A.M.A. Nantucket, Inc. MA$14.7M · 0.54%
Rocky's Hardware, Inc. MA$14.3M · 0.18%
Mhq, Inc. MA$14.1M · 0.35%
Amb & Rg Enterprises, LLC MA$13.7M · 0.07%
Copeland Enterprises, Inc. MA$13.3M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041419290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.