Plan Ledger DOL Form 5500 · updated monthly

Mutz Motors Limited Partnership401(k)

LAKELAND AUTOMALL 401(K) RETIREMENT PLAN · LAKELAND, FL · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Mutz Motors Limited Partnership reported $64,198 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $995 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 fell from 0.78% to 0.73%. 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 the 1,800th-largest of 3,644 plans among Florida employers on file, and 2,664th of 5,215 in retail trade. In 2024, employees put in $3.40 for every $1.00 the employer contributed; active participation has grown from 285 to 335 since 2022.

Plan summary
Net assets, end of year$9,813,500
Participants with balances326
Active participants335
Employer contributions$333,329
Employee contributions$1,131,871
Employer contribution per active participant$995
Average account balance$30,103
Benefits paid to participants$571,026
Plan auditUnmodified (clean) audit opinion
AuditorWALL TITUS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 326 accts · $333K emplr
2023$7.8M · 267 accts · $299K emplr
2022$5.8M · 247 accts · $320K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,706
Investment management$21,992
Audit (IQPA)$11,500
Total administrative$64,198
The Mutz Motors Limited Partnership 401(k) match · 2024
Employer contribution per active participant$995
Median for plans this size$1,313
2024$995 per active participant
2023$989 per active participant
2022$1,123 per active participant

Mutz Motors Limited Partnership'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,706
LPL FINANCIAL LLC · Investment advisory (plan)$20,865
WALL TITUS, LLC · Accounting / audit$11,500

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$64,198 · 0.73%
2023$58,479 · 0.86%
2022$47,561 · 0.78%
Same employer
Similar plansRetail Trade · Florida
Petro Services, Inc. FL$10.4M · 0.68%
B & R Supermarket, Inc. FL$9.8M · 0.65%
Kanes Furniture, LLC FL$9.7M · 1.03%
Tibbetts Lumber Co., LLC FL$9.6M · 0.11%
Tamiami Ford, Inc. FL$9.5M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593403793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.