Jeff Wyler Automotive Family, Inc. 401(k) Review & Grade
Jeff Wyler Automotive Family, Inc. Retirement Savings Plan and Trust
Milford, OHRetail Trade1,512 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$136Employer $ per active participant
$4,164Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$60.9MNet plan assets, end of year
$37,440Average balance per account
Score breakdown
- Employer generosity6.1 / 5012th percentile for employer $ per participant
- Low cost14.2 / 2557th percentile for low admin cost vs. same-size plans
- Employee saving10.3 / 1568th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score41 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 12th |
| Lower admin cost | 57th |
| Employee saving | 68th |
| Peers that auto-enroll | 48% |
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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
- Jeff Wyler Automotive Family put in about $136 per active participant, below the typical peer ($743). 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 | $206,115 |
| Participant (employee) contributions | $6,295,787 |
| Other contributions (incl. rollovers in) | $204,118 |
| Administrative expenses paid from the plan | $105,764 |
| Investment advisory & management fees | $93,801 |
| Benefits paid out | $7,424,492 |
| Net assets, start / end of year | $54.0M / $60.9M |
| Active participants, start / end of year | 1,518 / 1,506 |
| Participants with account balances | 1,627 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Clark, Schaefer, Hackett & Company |
Largest service providers (Schedule C)
| Capital Group Retirement Plan Svcs. | $68,725 reported compensation |
| LPL Financial, LLC | $64,560 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929140316NAL0017983746001, received 2025-09-29, EIN 31-0842514, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.