Plan Ledger DOL Form 5500 · updated monthly

Tommie Vaughn Motors, Inc.401(k)

TOMMIE VAUGHN MOTORS, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Tommie Vaughn Motors, Inc. reported $25,706 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.32% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,482nd of 5,688), and 3,155th of 5,215 in retail trade. active participation has grown from 131 to 170 since 2022.

Plan summary
Net assets, end of year$7,545,465
Participants with balances94
Active participants170
Employer contributions$0
Employee contributions$429,598
Employer contribution per active participant$0
Average account balance$80,271
Benefits paid to participants$1,021,265
Plan auditUnmodified (clean) audit opinion
AuditorFRIERSON, SOLA'.SIMONTON & KUT
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 94 accts
2023$7.3M · 102 accts
2022$6.8M · 113 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,668
Investment management$3,038
Total administrative$25,706
The Tommie Vaughn Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Tommie Vaughn Motors, Inc.'s 2024 employer contribution ran below the $1,313 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$3,038

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$25,706 · 0.35%
2023$23,410 · 0.33%
2022$23,273 · 0.32%
Similar plansRetail Trade · Texas
Honda of San Marcos TX$7.6M · 0.08%
Raecom Holdings, LLC TX$7.6M · 0.57%
Hiley Cars Hurst L.P. TX$7.4M · 1.10%
Woodson Wholesale, Inc. TX$7.4M · 0.38%
Lashop Co. LLC TX$7.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741052658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.