Plan Ledger DOL Form 5500 · updated monthly

Tameron Automotive Group401(k)

TAMERON AUTOMOTIVE GROUP 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Tameron Automotive Group reported $38,326 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $921 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 0.51% to 0.26%. 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 349th-largest of 902 plans among Alabama employers on file, and the 1,818th of 5,215 in retail trade. In 2024, employees put in $3.72 for every $1.00 the employer contributed; active participation has grown from 85 to 311 since 2022.

Plan summary
Net assets, end of year$15,898,221
Participants with balances239
Active participants311
Employer contributions$286,530
Employee contributions$1,066,678
Employer contribution per active participant$921
Average account balance$66,520
Benefits paid to participants$473,145
Plan auditUnmodified (clean) audit opinion
AuditorHHM CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 239 accts · $287K emplr
2023$13.4M · 185 accts · $366K emplr
2022$5.7M · 73 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,326
Total administrative$38,326
The Tameron Automotive Group 401(k) match · 2024
Employer contribution per active participant$921
Median for plans this size$2,416
2024$921 per active participant
2023$1,336 per active participant
2022$1,412 per active participant

Tameron Automotive Group'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 ADVISORY GROUP, LLC · Investment management$510

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$38,326 · 0.26%
2023$24,697 · 0.26%
2022$30,552 · 0.51%
Same employer
Similar plansRetail Trade · Alabama
Trigreen Equipment, LLC AL$26.1M · 0.47%
Wilson Lumber Company, Inc. AL$16.7M · 0.28%
Jackmax Automotive, Inc. AL$12.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630632576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.