Plan Ledger DOL Form 5500 · updated monthly

Honda of San Marcos401(k)

HONDA OF SAN MARCOS 401(K) PLAN · SAN MARCOS, TX · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Honda of San Marcos reported $5,708 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,503 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 fell from 0.11% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,459th of 5,688), and 3,127th of 5,215 in retail trade. In 2024, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,649,122
Participants with balances126
Active participants93
Employer contributions$139,792
Employee contributions$423,972
Employer contribution per active participant$1,503
Average account balance$60,707
Benefits paid to participants$303,730
Plan auditUnmodified (clean) audit opinion
AuditorRILEY & CO., PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 126 accts · $140K emplr
2023$6.4M · 126 accts · $135K emplr
2022$5.7M · 129 accts · $118K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,535
Total administrative$5,708
The Honda of San Marcos 401(k) match · 2024
Employer contribution per active participant$1,503
Median for plans this size$1,313
2024$1,503 per active participant
2023$1,394 per active participant
2022$1,245 per active participant

Honda of San Marcos's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$5,708 · 0.08%
2023$3,540 · 0.06%
2022$7,109 · 0.11%
Same employer
Similar plansRetail Trade · Texas
Barron Service Parts Co TX$7.8M · 0.45%
Senderra Rx Partners LLC TX$7.8M · 0.54%
Meritum Energy Gp, LLC TX$7.7M · 0.96%
Raecom Holdings, LLC TX$7.6M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205000025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.