Plan Ledger DOL Form 5500 · updated monthly

Interstate Batteries, Inc.401(k)

INTERSTATE BATTERIES 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Interstate Batteries, Inc. reported $310,189 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,239 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 0.28% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 493rd-largest of 5,688 plans among Texas employers on file, and the 316th of 4,246 in wholesale trade. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$141,368,504
Participants with balances1,691
Active participants1,252
Employer contributions$5,307,395
Employee contributions$8,258,108
Employer contribution per active participant$4,239
Average account balance$83,601
Benefits paid to participants$16,570,897
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$141.4M · 1,691 accts · $5.3M emplr
2023$126.6M · 1,700 accts · $5.1M emplr
2022$116.2M · 1,650 accts · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,466
Investment management$262,368
Audit (IQPA)$23,500
Total administrative$310,189
The Interstate Batteries, Inc. 401(k) match · 2024
Employer contribution per active participant$4,239
Median for plans this size$3,635
2024$4,239 per active participant
2023$4,002 per active participant
2022$3,943 per active participant

Interstate Batteries, Inc.'s 2024 employer contribution ran above the $3,635 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.

Service providers · 20245
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$212,332
MORNINGSTAR INC · Investment management$55,350
BDO USA LLP · Accounting / audit$23,500
PRIME CAPITAL INV ADV LLC · Investment management$18,201
CHARLES SCHWAB & CO., INC. · Securities brokerage$785

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$310,189 · 0.23%
2023$349,769 · 0.29%
2022$355,309 · 0.28%
Same employer
Similar plansWholesale Trade · Texas
Vitol Inc. TX$165.4M · 0.09%
Kubota Tractor Corp. TX$164.4M · 0.01%
Copart, Inc. TX$131.4M · 0.50%
Fossil Group Inc. TX$120.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462023063 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.