Plan Ledger DOL Form 5500 · updated monthly

Walters Bayer Auto Group401(k)

WALTERS BAYER AUTO GROUP 401(K) PLAN · HENDERSON, NV · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Walters Bayer Auto Group reported $33,032 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $757 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 0.69% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Nevada (293rd of 437), and 3,693rd of 4,246 in wholesale trade. In 2024, employees put in $4.62 for every $1.00 the employer contributed; active participation has grown from 49 to 69 since 2022.

Plan summary
Net assets, end of year$4,634,356
Participants with balances89
Active participants69
Employer contributions$52,234
Employee contributions$241,397
Employer contribution per active participant$757
Average account balance$52,071
Benefits paid to participants$654,183
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 89 accts · $52K emplr
2023$4.5M · 167 accts · $56K emplr
2022$4.4M · 123 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,032
Total administrative$33,032
The Walters Bayer Auto Group 401(k) match · 2024
Employer contribution per active participant$757
Median for plans this size$1,313
2024$757 per active participant
2023$986 per active participant
2022$3,715 per active participant

Walters Bayer Auto Group's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,031

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$33,032 · 0.73%
2023$28,729 · 0.65%
2022$33,733 · 0.69%
Similar plansWholesale Trade · Nevada
Jcm American Corporation NV$13.1M · 0.56%
Elemental Led Inc NV$10.8M · 0.49%
The Sunstone Group NV$7.1M · 0.36%
Get Fresh Sales, Inc. NV$3.8M · 0.76%
New West Distributing Inc NV$3.7M · 0.75%
The Ej McKernan Co. NV$2.0M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020733796 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.