Plan Ledger DOL Form 5500 · updated monthly

Harte Nissan, Inc.401(k)

HARTE AUTO GROUP 401(K) PLAN · HARTFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Harte Nissan, Inc. reported $79,846 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $726 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 0.70% to 0.53%. 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 Connecticut (604th of 1,106), and the 1,773rd of 5,215 in retail trade. In 2024, employees put in $7.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,343,690
Participants with balances289
Active participants212
Employer contributions$153,933
Employee contributions$1,184,200
Employer contribution per active participant$726
Average account balance$56,553
Benefits paid to participants$906,007
Plan auditUnmodified (clean) audit opinion
AuditorMOHONEY SABOL & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 289 accts · $154K emplr
2023$13.7M · 289 accts · $155K emplr
2022$11.8M · 297 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,829
Investment management$25,017
Total administrative$79,846
The Harte Nissan, Inc. 401(k) match · 2024
Employer contribution per active participant$726
Median for plans this size$2,416
2024$726 per active participant
2023$724 per active participant
2022$785 per active participant

Harte Nissan, 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$54,934
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$25,017
CHARLES SCHWAB · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$79,846 · 0.53%
2023$81,597 · 0.64%
2022$89,626 · 0.70%
Similar plansRetail Trade · Connecticut
Garafalo Markets, LLC CT$20.3M · 0.37%
L.H. Gault & Son, Inc. CT$19.1M · 0.20%
Gengras Motor Cars, Inc. CT$17.9M · 0.41%
Orlor, Inc CT$17.4M · 0.18%
Designs for Health, Inc. CT$15.7M · 0.64%
Mitchell Auto Group, Inc. CT$15.3M · 0.48%
Hocon Gas, Inc. CT$15.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061079202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.