Plan Ledger DOL Form 5500 · updated monthly

Lowe Automotive Warehouse, Inc.401(k)

LOWE AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN · ST. LOUIS, MO · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Lowe Automotive Warehouse, Inc. reported $51,003 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $653 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 0.24% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Missouri (716th of 1,393), and 2,418th of 4,246 in wholesale trade. In 2023, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,441,020
Participants with balances98
Active participants219
Employer contributions$142,972
Employee contributions$444,299
Employer contribution per active participant$653
Average account balance$147,357
Benefits paid to participants$1,338,849
Plan auditUnmodified (clean) audit opinion
AuditorLARRY WOLFF
Plan history2
Yearassets · accounts · employer contribution
2023$14.4M · 98 accts · $143K emplr
2022$13.2M · 102 accts · $146K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,620
Investment management$23,383
Total administrative$51,003
The Lowe Automotive Warehouse, Inc. 401(k) match · 2023
Employer contribution per active participant$653
Median for plans this size$2,440
2023$653 per active participant
2022$662 per active participant

Lowe Automotive Warehouse, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ADP, INC. · Loan processing · Recordkeeping$19,494
MARINER WEALTH ADVISORS, LLC · Recordkeeping · Pension consulting$11,702
MARINER RETIREMENT ADVISORS, LLC · Recordkeeping · Pension consulting$7,792
ADP BROKER-DEALERindirect comp

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$51,003 · 0.37%
2022$35,333 · 0.24%
Similar plansWholesale Trade · Missouri
Pro Food Systems, Inc. MO$17.8M · 0.40%
Ronnoco Coffee, LLC MO$17.3M · 0.52%
Regal Supply Company MO$17.2M · 0.57%
D & D Distributors, Lllp MO$14.4M · 0.37%
Mmci Holdings, Inc. MO$12.6M · 0.37%
Yokohama Tire Corporation MO$12.1M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430906772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.