Plan Ledger DOL Form 5500 · updated monthly

Stokes Automotive, Inc.401(k)

STOKES AUTOMOTIVE, INC. 401(K) SAVINGS PLAN · NORTH CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Stokes Automotive, Inc. reported $64,268 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $595 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 0.43% to 0.54%. 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 381st-largest of 807 plans among South Carolina employers on file, and the 2,202nd of 5,215 in retail trade. In 2024, employees put in $7.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,537,199
Participants with balances258
Active participants241
Employer contributions$143,339
Employee contributions$1,112,055
Employer contribution per active participant$595
Average account balance$48,594
Benefits paid to participants$1,145,468
Plan auditUnmodified (clean) audit opinion
AuditorMCGREGOR & CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 258 accts · $143K emplr
2023$11.1M · 324 accts · $152K emplr
2022$11.6M · 496 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,996
Investment management$28,272
Total administrative$64,268
The Stokes Automotive, Inc. 401(k) match · 2024
Employer contribution per active participant$595
Median for plans this size$2,416
2024$595 per active participant
2023$621 per active participant
2022$5,440 per active participant

Stokes 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$35,996
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$28,272

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

Recordkeeper by year2
2024The Standard
2023Ascensus, The Standard, Transamerica

This plan has changed recordkeepers within these filings. If you left Stokes 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$64,268 · 0.54%
2023$39,724 · 0.35%
2022$52,088 · 0.43%
Same employer
Similar plansRetail Trade · South Carolina
Venture Inc of Beaufort SC$15.1M · 0.48%
Spartanburg Dodge, Inc. SC$13.1M · 0.22%
Dodgeland of Columbia, Inc. SC$12.8M · 0.83%
Hamricks, Inc. SC$11.2M · 0.26%
Fairway Ford, Inc. SC$9.9M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570540053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.