Plan Ledger DOL Form 5500 · updated monthly

Pope Automotive Group401(k)

POPE GROUP 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
1.48%

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

Pope Automotive Group reported $362,019 in plan administrative expenses for 2023: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $355 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 1.26% to 1.48%. 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 715th-largest of 2,160 plans among Georgia employers on file, and the 1,124th of 5,215 in retail trade. In 2023, employees put in $8.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,428,739
Participants with balances2,152
Active participants1,579
Employer contributions$559,956
Employee contributions$4,978,130
Employer contribution per active participant$355
Average account balance$12,746
Benefits paid to participants$2,808,587
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $405K emplr
2023$27.4M · 2,152 accts · $560K emplr
2022$21.3M · 1,789 accts · $495K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$362,019
Total administrative$362,019
The Pope Automotive Group 401(k) match · 2023
Employer contribution per active participant$355
Median for plans this size$2,440
2024$270 per active participant
2023$355 per active participant
2022$337 per active participant

Pope 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 · 20233
NATIONWIDE LIFE INSURANCE COMPANY · Recordkeeping · Custodial$128,990
PENSION FINANCIAL SERVICES, INC. · Contract administrator · Pension consulting$168,036
BRINKER INVESTMENTS · Investment management$50,360

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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Administrative cost history3
2024Not separately reported
2023$362,019 · 1.48%
2022$265,984 · 1.26%
Similar plansRetail Trade · Georgia
Erbe USA, Incorporated GA$33.1M · 0.06%
Cherokee Ford, Inc. GA$29.6M · 0.76%
Crowes Management Company GA$25.7M · 0.62%
Purchasing Power LLC GA$25.7M · 0.43%
Atlanta Fork Lifts, Inc. GA$25.1M · 0.38%
Stark Properties Inc GA$25.0M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582313642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.