Plan Ledger DOL Form 5500 · updated monthly

Kahlig Motor Company, Inc. North Park Lexus of San Antonio401(k)

KAHLIG MOTOR COMPANY, INC. NORTH PARK LEXUS OF SAN ANTONIO 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Kahlig Motor Company, Inc. North Park Lexus of San Antonio reported $70,750 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,135 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 0.28% to 0.26%. 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 1,573rd-largest of 5,688 plans among Texas employers on file, and the 1,066th of 5,215 in retail trade. In 2024, employees put in $5.80 for every $1.00 the employer contributed; active participation has grown from 289 to 342 since 2022.

Plan summary
Net assets, end of year$29,086,733
Participants with balances364
Active participants342
Employer contributions$388,000
Employee contributions$2,250,957
Employer contribution per active participant$1,135
Average account balance$79,909
Benefits paid to participants$3,017,809
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.1M · 364 accts · $388K emplr
2023$25.4M · 346 accts · $381K emplr
2022$20.4M · 308 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,863
Investment management$36,887
Total administrative$70,750
The Kahlig Motor Company, Inc. North Park Lexus of San Antonio 401(k) match · 2024
Employer contribution per active participant$1,135
Median for plans this size$2,416
2024$1,135 per active participant
2023$1,220 per active participant
2022$1,246 per active participant

Kahlig Motor Company, Inc. North Park Lexus of San Antonio'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 · 20242
MORGAN STANLEY · Investment advisory (plan)$36,887

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

Administrative cost history3
2024$70,750 · 0.26%
2023$61,041 · 0.27%
2022$59,694 · 0.28%
Similar plansRetail Trade · Texas
Team Rumbleon, LLC TX$32.9M · 0.36%
Gillman Services, Inc. TX$30.4M · 0.42%
Helfman Enterprises, Inc. TX$27.5M · 0.27%
Nyle Maxwell of Austin, LLC TX$27.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742705436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.