Plan Ledger DOL Form 5500 · updated monthly

Kennesaw Motor Sales, Inc.401(k)

KENNESAW MOTOR SALES, INC. DBA COBB COUNTY TOYOTA 401(K) PLAN · KENNESAW, GA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Kennesaw Motor Sales, Inc. reported $10,968 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,903 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 rose from 0.03% to 0.05%. 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 796th-largest of 2,160 plans among Georgia employers on file, and the 1,302nd of 5,215 in retail trade. In 2024, employees put in $3.75 for every $1.00 the employer contributed; active participation has grown from 225 to 269 since 2022.

Plan summary
Net assets, end of year$23,035,790
Participants with balances307
Active participants269
Employer contributions$511,919
Employee contributions$1,919,235
Employer contribution per active participant$1,903
Average account balance$75,035
Benefits paid to participants$1,539,027
Plan auditUnmodified (clean) audit opinion
AuditorLONG AND ASSOCIATES PC
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 307 accts · $512K emplr
2023$19.7M · 293 accts · $915K emplr
2022$15.3M · 246 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,223
Investment management$2,483
Total administrative$10,968
The Kennesaw Motor Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$1,903
Median for plans this size$2,416
2024$1,903 per active participant
2023$3,493 per active participant

Kennesaw Motor Sales, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
ADP, INC. · Recordkeeping · Investment advisory (participants)$9,706

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$10,968 · 0.05%
2023$6,966 · 0.04%
2022$5,416 · 0.03%
Same employer
Similar plansRetail Trade · Georgia
Purchasing Power LLC GA$25.7M · 0.43%
Atlanta Fork Lifts, Inc. GA$25.1M · 0.38%
Stark Properties Inc GA$25.0M · 0.77%
Huddle House Inc. GA$23.9M · 1.70%
Citi Trends, Inc. GA$18.9M · 0.20%
Pull-A-Part LLC GA$18.3M · 0.05%
Wayfield Foods, Inc. GA$17.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650234141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.