Plan Ledger DOL Form 5500 · updated monthly

Used-Car-Parts.com, Inc.401(k)

CAR-PART.COM 401(K) PLAN · FT WRIGHT, KY · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Used-Car-Parts.com, Inc. reported $72,031 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,145 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 0.39% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 320th-largest of 871 plans among Kentucky employers on file, and the 2,079th of 4,246 in wholesale trade. In 2024, employees put in $4.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,881,817
Participants with balances200
Active participants221
Employer contributions$253,064
Employee contributions$1,057,354
Employer contribution per active participant$1,145
Average account balance$89,409
Benefits paid to participants$936,876
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 200 accts · $253K emplr
2023$15.3M · 194 accts · $247K emplr
2022$12.7M · 192 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,031
Total administrative$72,031
The Used-Car-Parts.com, Inc. 401(k) match · 2024
Employer contribution per active participant$1,145
Median for plans this size$2,416
2024$1,145 per active participant
2023$1,155 per active participant
2022$1,061 per active participant

Used-Car-Parts.com, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$72,030
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)indirect comp

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$72,031 · 0.43%
2023$57,061 · 0.41%
2022$54,900 · 0.39%
Same employer
Similar plansWholesale Trade · Kentucky
Linak U.S. Inc KY$26.0M · 0.35%
Plumbers Supply Co. KY$23.6M · 0.49%
Glantz Holdings, Inc. KY$15.1M · 0.50%
Kentucky Eagle, Inc. KY$15.0M · 0.01%
Creation Gardens, Inc. KY$13.5M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611370552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.