Mccombs HFC, LTD. DBA Red Mccombs Ford 401(k) Review & Grade
Mccombs Automotive Group Employee Capital Accmulation Plan
San Antonio, TXRetail Trade752 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,339Employer $ per active participant
$3,944Employee $ saved per active participant
$0 reportedDirect admin cost, % of plan assets
$63.6MNet plan assets, end of year
$65,084Average balance per account
Score breakdown
- Employer generosity36.0 / 5072th percentile for employer $ per participant
- Low cost12.5 / 25No direct expenses reported, scored neutral
- Employee saving9.7 / 1565th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score61 / 100 · Grade B
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | neutral |
| Employee saving | 65th |
| 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
- Mccombs HFC, LTD. DBA Red Mccombs Ford put in about $1,339 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.
- The plan reported no administrative expenses paid from plan assets. The employer may pay them, or the costs may be built into fund fees. Check your 404(a)(5) fee disclosure for each fund's expense ratio.
- 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 | $1,006,101 |
| Participant (employee) contributions | $2,964,063 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $0 |
| Benefits paid out | $5,159,584 |
| Net assets, start / end of year | $55.9M / $63.6M |
| Active participants, start / end of year | 723 / 780 |
| Participants with account balances | 977 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars LLP |
Largest service providers (Schedule C)
| Definiti LLC | $43,602 reported compensation |
| Forvis Mazars LLP | $18,375 reported compensation |
| American Trust Company | $6,093 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250909104830NAL0020124545001, received 2025-09-09, EIN 74-2750577, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.