Plan Ledger DOL Form 5500 · updated monthly

Holman Automotive Group, Inc.401(k)

HOLMAN ENTERPRISES SUPPLEMENTAL RETIREMENT AND SAVINGS PLAN · MOUNT LAUREL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Holman Automotive Group, Inc. reported $776,052 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $1,684 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 0.08% to 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 99th-largest of 2,419 plans among New Jersey employers on file, and the 92nd of 5,215 in retail trade. In 2024, employees put in $4.58 for every $1.00 the employer contributed; active participation has grown from 5,700 to 6,451 since 2022.

Plan summary
Net assets, end of year$688,750,357
Participants with balances7,622
Active participants6,451
Employer contributions$10,865,031
Employee contributions$49,740,336
Employer contribution per active participant$1,684
Average account balance$90,363
Benefits paid to participants$48,309,231
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$688.8M · 7,622 accts · $10.9M emplr
2023$588.2M · 7,279 accts · $10.2M emplr
2022$473.9M · 6,936 accts · $9.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,505
Investment management$751,547
Total administrative$776,052
The Holman Automotive Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,684
Median for plans this size$4,294
2024$1,684 per active participant
2023$1,674 per active participant
2022$1,599 per active participant

Holman Automotive Group, Inc.'s 2024 employer contribution ran below the $4,294 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$421,009
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$330,538
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,505

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

Administrative cost history3
2024$776,052 · 0.12%
2023$461,175 · 0.09%
2022$417,968 · 0.08%
Same employer
Similar plansRetail Trade · New Jersey
Lkq Corporation IL$727.8M · 0.09%
Woodman's Food Market, Inc. WI$710.5M · 0.03%
Hobby Lobby Stores, Inc. OK$668.6M · 0.06%
Petsmart, Inc. AZ$667.2M · 0.15%
Bj's Wholesale Club Inc MA$661.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210610247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.