Plan Ledger DOL Form 5500 · updated monthly

Hertrich Family of Automobile Dealers401(k)

HERTRICH FAMILY OF AUTOMOBILE DEALERS 401 (K) PLAN · SEAFORD, DE · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Hertrich Family of Automobile Dealers reported $351,916 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,336 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 0.78% to 0.90%. 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 64th-largest of 242 plans among Delaware employers on file, and the 756th of 5,215 in retail trade. In 2024, employees put in $2.77 for every $1.00 the employer contributed; active participation has grown from 686 to 915 since 2022.

Plan summary
Net assets, end of year$41,761,301
Participants with balances1,003
Active participants915
Employer contributions$1,222,492
Employee contributions$3,389,567
Employer contribution per active participant$1,336
Average account balance$41,636
Benefits paid to participants$4,356,045
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.8M · 1,003 accts · $1.2M emplr
2023$36.6M · 1,003 accts · $1.2M emplr
2022$28.8M · 875 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$351,916
Total administrative$351,916
The Hertrich Family of Automobile Dealers 401(k) match · 2024
Employer contribution per active participant$1,336
Median for plans this size$2,416
2024$1,336 per active participant
2023$1,426 per active participant
2022$1,615 per active participant

Hertrich Family of Automobile Dealers's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$19,803
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (participants)$54,965

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$351,916 · 0.90%
2023$276,834 · 0.85%
2022$232,977 · 0.78%
Same employer
Similar plansRetail Trade · Delaware
Lululemon Athletica Inc. DE$218.4M · 0.31%
Soleo Health Holdings, Inc. TX$42.0M · 0.37%
Barcodes, LLC IL$41.9M · 0.46%
Hot Topic, Inc. CA$41.9M · 0.54%
Gardens Alive Inc. IN$41.9M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 510302019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.