Addis Automotive Group 401(k) match, vesting and fees
What Addis Automotive Group's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Addis Automotive Group: employer contribution per participant | $170 | |
| Peer median | $1,216 |
| Addis Automotive Group: average balance | $32,459 | |
| Peer median | $50,590 |
| Addis Automotive Group: admin expenses ÷ assets | 0.61% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $5.3M at the end of plan year 2023 to $5.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 189 | $5.8M | $31K | $170 | 0.61% | Not published | Form 5500 ↗ |
| 2023 | 163 | $5.3M | $107K | $726 | 0.62% | Not published | Form 5500 ↗ |
Common questions
Does Addis Automotive Group match 401(k) contributions?
The match terms for the Addis Automotive Group, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $31K in employer contributions, about $170 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Addis Automotive Group 401(k) match vested?
The vesting schedule for the Addis Automotive Group, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Addis Automotive Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Addis Automotive Group, Inc..
I left Addis Automotive Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Addis Automotive Group, Inc., (661) 255-7575) or the recordkeeper, Empower Annuity Insurance Company. The Addis Automotive Group old 401(k) page lists the contacts from every plan filing. Find an old Addis Automotive Group 401(k)
Data from the public Form 5500 annual reports Addis Automotive Group filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Addis Automotive Group. Not financial advice. Report a correction · Methodology