Plan Ledger DOL Form 5500 · updated monthly

James Wood Motors, Inc401(k)

JAMES WOOD MOTORS 401(K) PLAN · DECATUR, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

James Wood Motors, Inc reported $37,586 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $135 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 0.22% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,114th-largest of 5,688 plans among Texas employers on file, and the 1,551st of 5,215 in retail trade. In 2024, employees put in $22.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,847,978
Participants with balances243
Active participants370
Employer contributions$49,768
Employee contributions$1,121,148
Employer contribution per active participant$135
Average account balance$77,564
Benefits paid to participants$2,304,724
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 243 accts · $50K emplr
2023$17.7M · 244 accts · $48K emplr
2022$15.1M · 275 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,598
Trustee / custodial$26,988
Total administrative$37,586
The James Wood Motors, Inc 401(k) match · 2024
Employer contribution per active participant$135
Median for plans this size$2,416
2024$135 per active participant
2023$126 per active participant
2022$133 per active participant

James Wood Motors, Inc's 2024 employer contribution ran below the $2,416 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$37,763

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$37,586 · 0.21%
2023$34,163 · 0.21%
2022$36,002 · 0.22%
Similar plansRetail Trade · Texas
Fred Haas Motors, LTD. TX$19.0M · 0.42%
Specs Family Partners, LTD. TX$18.9M · 2.85%
Casa Nissan, Inc. TX$18.9M · 0.59%
Pack Automotive Group TX$18.5M · 0.57%
Star Furniture Company TX$17.0M · 0.47%
Lux Enterprises, Inc. TX$16.9M · 0.40%
Jerry's Gm, LLC TX$16.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751617621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.