Plan Ledger DOL Form 5500 · updated monthly

Southeast Texas Classic Automotive, Inc.401(k)

SOUTHEAST TEXAS CLASSIC AUTOMOTIVE, INC. 401 (K) PROFIT SHARING PLAN · BEAUMONT, TX · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Southeast Texas Classic Automotive, Inc. reported $65,690 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $709 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 0.10% to 0.18%. 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 1,276th-largest of 5,688 plans among Texas employers on file, and the 822nd of 5,215 in retail trade. In 2024, employees put in $7.16 for every $1.00 the employer contributed; active participation has grown from 489 to 540 since 2022.

Plan summary
Net assets, end of year$38,763,955
Participants with balances595
Active participants540
Employer contributions$382,900
Employee contributions$2,740,452
Employer contribution per active participant$709
Average account balance$65,150
Benefits paid to participants$3,238,802
Plan auditUnmodified (clean) audit opinion
AuditorCOOK PARKER AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$38.8M · 595 accts · $383K emplr
2023$34.6M · 593 accts · $379K emplr
2022$29.6M · 558 accts · $366K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,720
Audit (IQPA)$8,795
Total administrative$65,690
The Southeast Texas Classic Automotive, Inc. 401(k) match · 2024
Employer contribution per active participant$709
Median for plans this size$2,416
2024$709 per active participant
2023$731 per active participant
2022$748 per active participant

Southeast Texas Classic Automotive, Inc.'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
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$56,720
COOK PARKER PLLC · Accounting / audit$8,795

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Southeast Texas Classic Automotive, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$65,690 · 0.18%
2023$27,794 · 0.09%
2022$30,438 · 0.10%
Same employer
Similar plansRetail Trade · Texas
Continental Cars, Inc. TX$39.6M · 0.30%
Script Care, LTD. TX$39.5M · 0.21%
Covert Buick, Inc. TX$39.0M · 0.56%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760603797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.