Lou Fusz Automotive Network, Inc. 401(k) Review & Grade
Lou Fusz Automotive Network Retirement Savings Plan
Earth City, MORetail Trade1,026 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,658Employer $ per active participant
$4,386Employee $ saved per active participant
0.24%Direct admin cost, % of plan assets
$85.5MNet plan assets, end of year
$97,371Average balance per account
Score breakdown
- Employer generosity39.3 / 5079th percentile for employer $ per participant
- Low cost12.0 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving10.8 / 1572th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score59 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 48th |
| Employee saving | 72th |
| Peers that auto-enroll | 48% |
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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($3,451,951 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $75,883 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Lou Fusz Automotive Network put in about $1,658 per active participant, more than the typical peer ($743). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $1,700,755 |
| Participant (employee) contributions | $4,500,162 |
| Other contributions (incl. rollovers in) | $411,581 |
| Administrative expenses paid from the plan | $194,497 |
| Contract administrator fees | $194,497 |
| Benefits paid out | $5,463,800 |
| Net assets, start / end of year | $74.5M / $85.5M |
| Active participants, start / end of year | 967 / 1,085 |
| Participants with account balances | 878 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Uhy LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $194,497 reported compensation |
| Global Retirement Partners LLC | $83,105 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015130409NAL0002450979001, received 2025-10-15, EIN 43-1502088, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.