Plan Ledger DOL Form 5500 · updated monthly

Pack Automotive Group401(k)

PACK AUTOMOTIVE GROUP 401(K) PLAN · CARROLLTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.57%

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

Pack Automotive Group reported $94,086 in plan administrative expenses for 2023: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $439 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 rose from 0.43% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 2,134th-largest of 5,688 plans among Texas employers on file, and the 1,584th of 5,215 in retail trade. In 2023, employees put in $5.78 for every $1.00 the employer contributed; active participation has grown from 835 to 942 since 2022.

Plan summary
Net assets, end of year$18,488,697
Participants with balances481
Active participants942
Employer contributions$413,927
Employee contributions$2,393,469
Employer contribution per active participant$439
Average account balance$38,438
Benefits paid to participants$1,350,795
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $409K emplr
2023$18.5M · 481 accts · $414K emplr
2022$14.7M · 275 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$58,808
Investment management$12,058
Total administrative$94,086
The Pack Automotive Group 401(k) match · 2023
Employer contribution per active participant$439
Median for plans this size$2,440

Pack Automotive Group's 2023 employer contribution ran below the $2,440 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 · 20236
NATIONAL AUTOMOBILE DEALERS ASSOCIA$18,272
EMPOWER ADVISORY GROUP, LLC · Investment management$12,058
CAPFINANCIAL PARTNERS LLC DBA CAPTR$3,045
NORTHEAST RETIREMENT SERVICES, INC.$1,903
WOODBURY FINANCIAL SERVICES INCindirect comp

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$94,086 · 0.57%
2022$67,708 · 0.43%
Same employer
Similar plansRetail Trade · Texas
Specs Family Partners, LTD. TX$18.9M · 2.85%
Casa Nissan, Inc. TX$18.9M · 0.59%
James Wood Motors, Inc TX$18.8M · 0.21%
Star Furniture Company TX$17.0M · 0.47%
Lux Enterprises, Inc. TX$16.9M · 0.40%
Jerry's Gm, LLC TX$16.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751007322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.