Plan Ledger DOL Form 5500 · updated monthly

Henry Brown Auto Group, LLC401(k)

HENRY BROWN AUTO GROUP 401(K) RETIREMENT PLAN · GILBERT, AZ · plan year 2023

Reported admin expense ratio · 2023
0.52%

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

Henry Brown Auto Group, LLC reported $33,734 in plan administrative expenses for 2023: 0.52% of average plan assets, above the peer median. Employer contributions averaged $729 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 1 year on file its reported administrative ratio rose from 0.49% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Arizona (704th of 1,285), and 3,221st of 5,215 in retail trade. In 2023, employees put in $7.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,221,316
Participants with balances97
Active participants153
Employer contributions$111,483
Employee contributions$801,758
Employer contribution per active participant$729
Average account balance$74,447
Benefits paid to participants$425,463
Plan auditUnmodified (clean) audit opinion
AuditorMETZ & ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2023$7.2M · 97 accts · $111K emplr
2022$5.7M · 105 accts · $109K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,734
Total administrative$33,734
The Henry Brown Auto Group, LLC 401(k) match · 2023
Employer contribution per active participant$729
Median for plans this size$1,308
2023$729 per active participant
2022$752 per active participant

Henry Brown Auto Group, LLC's 2023 employer contribution ran below the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
MERRILL LYNCH,PIERCE,FENNER & SMITH · Investment advisory (participants) · Investment advisory (plan)$15,530
LOREN D STARK COMPANY · Contract administrator$1,200
LEBENSON ACTUARIAL SERVICES INC · Contract administrator$450
EMPOWER ADVISORY GROUP, LLC · Investment management$20

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

Administrative cost history2
2023$33,734 · 0.52%
2022$29,352 · 0.49%
Same employer
Similar plansRetail Trade · Arizona
Buffalo Exchange LTD. AZ$8.3M · 0.10%
Lush Cosmetics Inc. AZ$8.1M · 0.98%
Quebedeaux Pontiac Gmc AZ$6.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260624836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.