Plan Ledger DOL Form 5500 · updated monthly

Washington Automobiles, Inc. dba South Hills Toyota401(k)

WASHINGTON AUTO MALL 401(K) PLAN · WASHINGTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Washington Automobiles, Inc. dba South Hills Toyota reported $28,980 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $566 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 0.56% to 0.50%. 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 Pennsylvania (2,734th of 3,651), and 3,473rd of 5,215 in retail trade. In 2024, employees put in $6.27 for every $1.00 the employer contributed; active participation has grown from 133 to 156 since 2022.

Plan summary
Net assets, end of year$6,092,074
Participants with balances116
Active participants156
Employer contributions$88,235
Employee contributions$552,902
Employer contribution per active participant$566
Average account balance$52,518
Benefits paid to participants$486,472
Plan auditUnmodified (clean) audit opinion
AuditorHOROVITZ, RUDOY AND ROTEMAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 116 accts · $88K emplr
2023$5.4M · 115 accts · $102K emplr
2022$4.5M · 123 accts · $82K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,980
Total administrative$28,980
The Washington Automobiles, Inc. dba South Hills Toyota 401(k) match · 2024
Employer contribution per active participant$566
Median for plans this size$1,313
2024$566 per active participant
2023$712 per active participant
2022$618 per active participant

Washington Automobiles, Inc. dba South Hills Toyota'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,730
DUNBAR BENDER & ZAPF INC. · Contract administrator · Other services$2,250

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$28,980 · 0.50%
2023$27,395 · 0.55%
2022$26,151 · 0.56%
Similar plansRetail Trade · Pennsylvania
Shults Ford, Inc. PA$6.4M · 0.70%
Marwen, Inc. PA$6.3M · 0.62%
Klingensmith Drug, Inc. PA$6.1M · 0.01%
Seven Z Enterprises, Inc. PA$5.9M · 0.70%
Strahman Valves Inc PA$5.8M · 0.49%
Buckmans, Inc. PA$5.6M · 0.76%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251216190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.