Plan Ledger DOL Form 5500 · updated monthly

Marthaler Automotive, LTD.401(k)

MARTHALER AUTO GROUP 401(K) PLAN · GLENWOOD, MN · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Marthaler Automotive, LTD. reported $50,066 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $857 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 3 years on file its reported administrative ratio has held roughly steady near 1.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,566th of 1,918), and 3,662nd of 5,215 in retail trade. In 2024, employees put in $3.87 for every $1.00 the employer contributed; active participation has grown from 212 to 240 since 2022.

Plan summary
Net assets, end of year$5,359,556
Participants with balances173
Active participants240
Employer contributions$205,739
Employee contributions$795,331
Employer contribution per active participant$857
Average account balance$30,980
Benefits paid to participants$385,599
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELSEN & CO, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 173 accts · $206K emplr
2023$4.0M · 169 accts · $184K emplr
2022$2.8M · 139 accts · $181K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,647
Investment management$958
Trustee / custodial$14,461
Total administrative$50,066
The Marthaler Automotive, LTD. 401(k) match · 2024
Employer contribution per active participant$857
Median for plans this size$1,313
2024$857 per active participant
2023$927 per active participant
2022$854 per active participant

Marthaler Automotive, LTD.'s 2024 employer contribution ran below the $1,313 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,232
WILSHIRE ASSOCIATES INC. · Investment advisory (participants)$958

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$50,066 · 1.07%
2023$33,489 · 0.99%
2022$41,993 · 1.02%
Same employer
Similar plansRetail Trade · Minnesota
Fridley Motor Company MN$5.5M · 0.36%
Snell Motors, Inc. MN$5.5M · 0.01%
Gold Country, Inc. MN$5.4M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411806770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.