Plan Ledger DOL Form 5500 · updated monthly

Scott-McRae Automotive Group, Lllp401(k)

SCOTT-MCRAE AUTOMOTIVE GROUP, LLLP 401(K) PROFIT SHARING PLAN · JACKSONVILLE, FL · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Scott-McRae Automotive Group, Lllp reported $58,218 in plan administrative expenses for 2023: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,923 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 0.15% to 0.16%. 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 624th-largest of 3,644 plans among Florida employers on file, and the 760th of 5,215 in retail trade. In 2023, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,578,929
Participants with balances827
Active participants676
Employer contributions$1,300,004
Employee contributions$4,029,218
Employer contribution per active participant$1,923
Average account balance$50,277
Benefits paid to participants$4,163,088
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.3M · 793 accts · $712K emplr
2023$41.6M · 827 accts · $1.3M emplr
2022$35.0M · 755 accts · $1.2M emplr
Administrative expenses, itemized · 2023
Investment management$44,323
Audit (IQPA)$13,125
Total administrative$58,218
The Scott-McRae Automotive Group, Lllp 401(k) match · 2023
Employer contribution per active participant$1,923
Median for plans this size$2,440
2024$1,144 per active participant
2023$1,923 per active participant
2022$1,910 per active participant

Scott-McRae Automotive Group, Lllp's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$44,323
BKD LLP · Accounting / audit$13,125
UKG INC$750

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$65,719 · 0.16%
2023$58,218 · 0.15%
2022$54,298 · 0.15%
Same employer
Similar plansRetail Trade · Florida
Greenway Ford, Inc. FL$42.2M · 0.57%
Gettel Automotive, Inc. FL$42.1M · 0.43%
Stonemor, Inc. FL$39.8M · 0.74%
Bill Ussery Motors, Inc. FL$37.3M · 0.18%
Starboard Holdings LTD. FL$37.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591992210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.