Plan Ledger DOL Form 5500 · updated monthly

Hol-Dav, Inc.401(k)

JOHNSON AUTOMOTIVE PROFIT SHARING PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Hol-Dav, Inc. reported $192,968 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $836 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 0.39% to 0.63%. 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 512th-largest of 2,005 plans among North Carolina employers on file, and the 943rd of 5,215 in retail trade. In 2024, employees put in $6.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,550,007
Participants with balances1,014
Active participants893
Employer contributions$746,265
Employee contributions$4,496,427
Employer contribution per active participant$836
Average account balance$33,087
Benefits paid to participants$3,567,094
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAM OVERMAN PIERCE LLP
Plan history2
Yearassets · accounts · employer contribution
2024$33.6M · 1,014 accts · $746K emplr
2023$27.8M · 959 accts · $684K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,895
Investment management$170,073
Total administrative$192,968
The Hol-Dav, Inc. 401(k) match · 2024
Employer contribution per active participant$836
Median for plans this size$2,416
2024$836 per active participant
2023$791 per active participant

Hol-Dav, 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$135,445
ZERMATT WEALTH PARTNERS · Recordkeeping · Trustee$57,522

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

Recordkeeper by year2
2024ADP, ZERMATT WEALTH PARTNERS
2023ADP, ZERMATT WEALTH PARTNERS

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

Administrative cost history2
2024$192,968 · 0.63%
2023$108,791 · 0.39%
Same employer
Similar plansRetail Trade · North Carolina
Colony Tire Corporation NC$38.8M · 0.63%
Furnitureland South, Inc. NC$38.8M · 0.17%
The Keffer Company NC$35.0M · 0.16%
Reeds Jewelers, Inc. NC$34.9M · 0.46%
Black's Tire Service, Inc. NC$33.4M · 0.58%
Variety Wholesalers, Inc. NC$31.2M · 0.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561715793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.