Plan Ledger DOL Form 5500 · updated monthly

Martin Car Financing, Inc.401(k)

MARTIN CAR FINANCING, INC. 401(K) PLAN · GAINESVILLE, GA · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Martin Car Financing, Inc. reported $1,700 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $533 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Georgia (1,490th of 2,160), and 3,357th of 5,215 in retail trade. In 2022, employees put in $5.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,575,626
Participants with balances91
Active participants175
Employer contributions$93,214
Employee contributions$536,925
Employer contribution per active participant$533
Average account balance$72,260
Benefits paid to participants$448,427
Plan auditUnmodified (clean) audit opinion
AuditorROSS LANE & COMPANY, LLC
The Martin Car Financing, Inc. 401(k) match · 2022
Employer contribution per active participant$533
Median for plans this size$1,114

Martin Car Financing, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,700 · 0.02%
Same employer
Similar plansRetail Trade · Georgia
Wmc, Inc. Honda Carland GA$7.6M · 0.36%
Adcom, Inc. GA$6.7M · 0.39%
Jackson Automotive Group GA$6.4M · 0.06%
Onecoast, LLC GA$6.3M · 0.34%
Pittman Enterprises GA$5.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581813337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.