Automotive Parts Headquarters, Inc. 401(k) Review & Grade
Automotive Parts Headquarters, Inc. 401(k) Plan and Trust
Saint Cloud, MNWholesale Trade1,783 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$867Employer $ per active participant
$1,731Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$48.1MNet plan assets, end of year
$30,013Average balance per account
Score breakdown
- Employer generosity9.5 / 5019th percentile for employer $ per participant
- Low cost11.9 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving1.5 / 1510th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score33 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 19th |
| Lower admin cost | 48th |
| Employee saving | 10th |
| Peers that auto-enroll | 53% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Automotive Parts Headquarters put in about $867 per active participant, below the typical peer ($1,792). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,545,963 |
| Participant (employee) contributions | $3,086,727 |
| Other contributions (incl. rollovers in) | $74,543 |
| Administrative expenses paid from the plan | $114,141 |
| Investment advisory & management fees | $11,584 |
| Other admin expenses | $7,543 |
| Benefits paid out | $5,198,453 |
| Net assets, start / end of year | $44.1M / $48.1M |
| Active participants, start / end of year | 1,762 / 1,804 |
| Participants with account balances | 1,604 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Miller Welle Heiser |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $95,014 reported compensation |
| Empower Advisory Group, LLC | $11,584 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250922163945NAL0002247043001, received 2025-09-22, EIN 41-0888836, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.