Plan Ledger DOL Form 5500 · updated monthly

Stoops Automotive Group401(k)

STOOPS AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN & TRUST · MUNCIE, IN · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Stoops Automotive Group reported $32,759 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $920 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 fell from 0.37% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Indiana (886th of 1,562), and the 2,598th of 5,215 in retail trade. In 2023, employees put in $4.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,167,214
Participants with balances260
Active participants165
Employer contributions$151,834
Employee contributions$744,260
Employer contribution per active participant$920
Average account balance$39,105
Benefits paid to participants$2,232,140
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 264 accts · $139K emplr
2023$10.2M · 260 accts · $152K emplr
2022$9.7M · 252 accts · $148K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,458
Investment management$17,341
Trustee / custodial$960
Total administrative$32,759
The Stoops Automotive Group 401(k) match · 2023
Employer contribution per active participant$920
Median for plans this size$1,308
2024$1,539 per active participant
2023$920 per active participant
2022$900 per active participant

Stoops Automotive Group's 2023 employer contribution ran below the $1,308 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 · 20232
MERRILL LYNCH, PIERCE, FENNER · Investment advisory (plan) · Recordkeeping$17,341
PAYCHEX, INC. · Investment advisory (plan) · Recordkeeping$14,270

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

Recordkeeper by year2
2024Paychex
2023Bank of America / Merrill, Paychex

This plan has changed recordkeepers within these filings. If you left Stoops Automotive Group 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$7,898 · 0.08%
2023$32,759 · 0.33%
2022$40,827 · 0.37%
Same employer
Similar plansRetail Trade · Indiana
Van Ausdall & Farrar Inc. IN$10.4M · 0.50%
Heritage Petroleum, LLC IN$10.0M · 0.45%
The Blakley Corporation IN$9.1M · 0.58%
Parke-Bell LTD Inc. IN$9.0M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 351733302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.