Plan Ledger DOL Form 5500 · updated monthly

Regal Car Sales and Credit, LLC401(k)

REGAL MOTOR COMPANY 401(K) PROFIT SHARING PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Regal Car Sales and Credit, LLC reported $2,250 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,056 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 0.027% to 0.031%. 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 among the smaller plans on file in Oklahoma (454th of 724), and 3,107th of 5,215 in retail trade. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,753,710
Participants with balances120
Active participants108
Employer contributions$222,029
Employee contributions$362,944
Employer contribution per active participant$2,056
Average account balance$64,614
Benefits paid to participants$314,348
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 120 accts · $222K emplr
2023$6.7M · 105 accts · $214K emplr
2022$5.6M · 119 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,250
Total administrative$2,250
The Regal Car Sales and Credit, LLC 401(k) match · 2024
Employer contribution per active participant$2,056
Median for plans this size$1,313
2024$2,056 per active participant
2023$2,118 per active participant
2022$1,850 per active participant

Regal Car Sales and Credit, LLC's 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,250

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$2,250 · 0.03%
2023$1,600 · 0.03%
2022$1,582 · 0.03%
Similar plansRetail Trade · Oklahoma
Express Credit Auto, LLC. OK$9.7M · 0.69%
Elk Supply Company, LLC OK$8.6M · 0.27%
John Vance Motors Inc. OK$7.3M · 0.78%
Oncue Marketing, LLC OK$6.7M · 1.97%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 731260872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.