Plan Ledger DOL Form 5500 · updated monthly

Moses Services Company, LLC401(k)

MOSES AUTO GROUP PENSION PLAN · SAINT ALBANS, WV · plan year 2023

Reported admin expense ratio · 2023
0.76%

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

Moses Services Company, LLC reported $65,035 in plan administrative expenses for 2023: 0.76% of average plan assets, above the peer median. Employer contributions averaged $503 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 fell from 0.99% to 0.76%. 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 West Virginia (148th of 265), and 2,834th of 5,215 in retail trade. In 2023, employees put in $4.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,015,105
Participants with balances156
Active participants324
Employer contributions$162,941
Employee contributions$734,831
Employer contribution per active participant$503
Average account balance$57,789
Benefits paid to participants$540,447
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $206K emplr
2023$9.0M · 156 accts · $163K emplr
2022$8.1M · 150 accts · $161K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$49,732
Audit (IQPA)$15,303
Total administrative$65,035
The Moses Services Company, LLC 401(k) match · 2023
Employer contribution per active participant$503
Median for plans this size$1,308
2023$503 per active participant
2022$461 per active participant

Moses Services Company, LLC's 2023 employer contribution ran below the $1,308 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
LINCOLN NATIONAL CORPORATION$28,265
FORVIS · Accounting / audit$12,600
M2B RETIREMENT CONSULTING · Contract administrator$10,851
ANCHOR 3(16) · Contract administrator$10,616

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

Administrative cost history3
2024Not separately reported
2023$65,035 · 0.76%
2022$83,843 · 0.99%
Same employer
Similar plansRetail Trade · West Virginia
Astorg Auto of Charleston WV$17.3M · 0.47%
Go-Mart, Inc. WV$12.9M · 0.36%
Forth Foods, Inc WV$12.7M · 0.54%
Discount Emporium, Inc. WV$6.6M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 881377240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.