Plan Ledger DOL Form 5500 · updated monthly

Holmes Motors, LLC.401(k)

HOLMES MOTORS, LLC 401(K) PROFIT SHARING PLAN · SHREVEPORT, LA · plan year 2022

Reported admin expense ratio · 2022
0.57%

Holmes Motors, LLC. reported $58,943 in plan administrative expenses for 2022: 0.57% of average plan assets, higher than ~75% of peers. 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Louisiana (452nd of 884), and 2,762nd of 5,215 in retail trade. In 2022, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,376,101
Participants with balances172
Active participants0
Employer contributions$137,824
Employee contributions$329,265
Employer contribution per active participant—
Average account balance$54,512
Benefits paid to participants$509,335
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$9.4M · 172 accts · $138K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$25,437
Investment management$33,506
Total administrative$58,943
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 history2
2023Not separately reported
2022$58,943 · 0.57%
Similar plansRetail Trade · Louisiana
Red River Motor Company LA$9.5M · 0.09%
Dixie Motors LLC LA$9.5M · 0.09%
Sterling Automotive Group LA$9.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721023581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.