Plan Snapshot
- Plan Sponsor: Group 1 Automotive, INC.
- Sponsor EIN: 760506313
- Sponsor Address: 730 TOWN AND COUNTRY BLVD, HOUSTON, TX, 77024
- Plan Type: 401(k)
- Total Participants: 13,527
- Total Assets: $539.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 13,527 | $539.6M | $17.9M | $50.5M |
| 2023 | 12,062 | $458.2M | $11.8M | $45.7M |
| 2022 | 11,872 | $360.5M | $11.5M | $41.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $453,075 | — | $453,075 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $313,383 | — | $313,383 |
| WILLIS TOWERS WATSON, LLC | CONSULTING | $51,500 | — | $51,500 |
| MELTON & MELTON , LLP | ACCOUNTANT/AUDITOR | $23,500 | — | $23,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- WILLIS TOWERS WATSON, LLC — CONSULTING
- MELTON & MELTON , LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $841,458
- Estimated Expense Ratio: 0.156% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $791,458 | $313,383 | $2,100 | $23,500 | — |
| 2023 | $658,160 | $284,144 | $1,500 | — | — |
| 2022 | $277,011 | $252,292 | — | — | — |