Plan Ledger DOL Form 5500 · updated monthly

Kirk Auto Co.401(k)

THE KIRK AUTO GROUP 401(K) PLAN · GRENADA, MS · plan year 2023

Reported admin expense ratio · 2023
0.57%

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

Kirk Auto Co. reported $11,776 in plan administrative expenses for 2023: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,271 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 1 year on file its reported administrative ratio rose from 0.52% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Mississippi (303rd of 367), and 4,540th of 5,215 in retail trade. In 2023, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,428,256
Participants with balances69
Active participants143
Employer contributions$181,772
Employee contributions$396,338
Employer contribution per active participant$1,271
Average account balance$35,192
Benefits paid to participants$146,146
Plan auditUnmodified (clean) audit opinion
AuditorFRED T. NEELY & COMPANY, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$2.4M · 69 accts · $182K emplr
2022$1.7M · 62 accts · $181K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,776
Total administrative$11,776
The Kirk Auto Co. 401(k) match · 2023
Employer contribution per active participant$1,271
Median for plans this size$1,308
2023$1,271 per active participant
2022$1,217 per active participant

Kirk Auto Co.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
RAYMOND JAMES & ASSOCIATES · Investment advisory (plan)$8,893
CAPITAL GROUP RETIREMENT PLAN SERVI$2,508
BENEFIT PROFESSIONALS, INC. · Contract administrator$375

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

Administrative cost history2
2023$11,776 · 0.57%
2022$7,941 · 0.52%
Same employer
Similar plansRetail Trade · Mississippi
Barnes Crossing Auto LLC MS$3.5M · 1.48%
Triple V, Inc. MS$3.4M · 0.72%
Prince Oil Company, Inc. MS$3.4M · 0.77%
Paradise Foods, Inc. MS$1.8M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 640535840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.