Plan Ledger DOL Form 5500 · updated monthly

Holman Motors, Inc.401(k)

HOLMAN MOTORS, INC. 401(K) SAVINGS PLAN & TRUST · BATAVIA, OH · plan year 2022

Reported admin expense ratio · 2022
0.52%

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

Holman Motors, Inc. reported $44,065 in plan administrative expenses for 2022: 0.52% of average plan assets, above the peer median. Employer contributions averaged $1,156 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (2,227th of 3,295), and 3,255th of 4,246 in wholesale trade. In 2022, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,705,852
Participants with balances84
Active participants113
Employer contributions$130,674
Employee contributions$493,884
Employer contribution per active participant$1,156
Average account balance$91,736
Benefits paid to participants$364,050
Plan auditUnmodified (clean) audit opinion
AuditorBRADY, WARE & SCHOENFELD, INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,463
Investment management$27,970
Total administrative$44,065
The Holman Motors, Inc. 401(k) match · 2022
Employer contribution per active participant$1,156
Median for plans this size$1,114

Holman Motors, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$44,065 · 0.52%
Same employer
Similar plansWholesale Trade · Ohio
Tarrier Foods Corporation OH$8.2M · 0.62%
K & M International, Inc. OH$8.2M · 0.10%
Carr Supply Co. OH$7.3M · 0.59%
Tsc Apparel LLC OH$6.8M · 0.06%
The Noco Company OH$6.4M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310921703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.