Plan Ledger DOL Form 5500 · updated monthly

Ray Huffines Chevrolet, Inc. D.B.A. Huffines Auto Dealerships401(k)

HUFFINES AUTO DEALERSHIPS RETIREMENT SAVINGS PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Ray Huffines Chevrolet, Inc. D.B.A. Huffines Auto Dealerships reported $148,826 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $348 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 0.44% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,421st-largest of 5,688 plans among Texas employers on file, and the 947th of 5,215 in retail trade. In 2024, employees put in $14.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,416,877
Participants with balances647
Active participants621
Employer contributions$216,263
Employee contributions$3,205,984
Employer contribution per active participant$348
Average account balance$51,649
Benefits paid to participants$2,700,026
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.4M · 647 accts · $216K emplr
2023$28.2M · 648 accts · $206K emplr
2022$22.4M · 597 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,080
Investment management$75,746
Total administrative$148,826
The Ray Huffines Chevrolet, Inc. D.B.A. Huffines Auto Dealerships 401(k) match · 2024
Employer contribution per active participant$348
Median for plans this size$2,416
2024$348 per active participant
2023$345 per active participant
2022$305 per active participant

Ray Huffines Chevrolet, Inc. D.B.A. Huffines Auto Dealerships's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ROCKEFELLER FINANCIAL LLC · Investment advisory (plan)$75,746

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$148,826 · 0.48%
2023$114,152 · 0.45%
2022$104,316 · 0.44%
Same employer
Similar plansRetail Trade · Texas
Advocare International LLC TX$38.8M · 0.03%
Bij Motors Tx, LLC TX$34.7M · 0.11%
Team Rumbleon, LLC TX$32.9M · 0.36%
Gillman Services, Inc. TX$30.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751918983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.