Plan Ledger DOL Form 5500 · updated monthly

Merchants Automotive Group, LLC401(k)

MERCHANTS AUTOMOTIVE GROUP, LLC 401(K) PLAN · HOOKSETT, NH · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Merchants Automotive Group, LLC reported $33,477 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,495 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 59th-largest of 411 plans among New Hampshire employers on file, and the 206th of 2,096 in real estate & leasing. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has shrunk from 702 to 567 since 2022.

Plan summary
Net assets, end of year$65,874,691
Participants with balances826
Active participants567
Employer contributions$3,115,469
Employee contributions$6,150,374
Employer contribution per active participant$5,495
Average account balance$79,751
Benefits paid to participants$12,972,911
Plan auditUnmodified (clean) audit opinion
AuditorTHE JOHNSON GROUP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$65.9M · 826 accts · $3.1M emplr
2023$59.4M · 872 accts · $3.1M emplr
2022$49.7M · 835 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,616
Investment management$24,861
Total administrative$33,477
The Merchants Automotive Group, LLC 401(k) match · 2024
Employer contribution per active participant$5,495
Median for plans this size$3,635
2024$5,495 per active participant
2023$4,603 per active participant
2022$3,165 per active participant

Merchants Automotive Group, LLC's 2024 employer contribution ran above the $3,635 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$24,861
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,616

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

Administrative cost history3
2024$33,477 · 0.05%
2023Not separately reported
2022$18,141 · 0.03%
Same employer
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The John Stewart Company CA$66.6M · 0.38%
Biomed Realty, L.P. CA$66.3M · 0.23%
Oakwood Worldwide (US) LP CA$65.5M · 0.27%
American Homes 4 Rent, L.P. NV$65.4M · 0.30%
Klnb LLC MD$65.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020270756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.