Bob Moore Auto Group, LLC 401(k) Review & Grade
Bob Moore & Affiliates Retirement Savings Plan
Oklahoma City, OKRetail Trade702 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,438Employer $ per active participant
$5,162Employee $ saved per active participant
0.44%Direct admin cost, % of plan assets
$46.0MNet plan assets, end of year
$48,979Average balance per account
Score breakdown
- Employer generosity36.9 / 5074th percentile for employer $ per participant
- Low cost6.8 / 2527th percentile for low admin cost vs. same-size plans
- Employee saving12.4 / 1583th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score66 / 100 · Grade B
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 74th |
| Lower admin cost | 27th |
| Employee saving | 83th |
| 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
- Bob Moore Auto Group put in about $1,438 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.
- Direct plan expenses (0.44% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,008,574 |
| Participant (employee) contributions | $3,620,883 |
| Other contributions (incl. rollovers in) | $8,008 |
| Administrative expenses paid from the plan | $191,144 |
| Investment advisory & management fees | $37,825 |
| Other admin expenses | $8,422 |
| Benefits paid out | $4,676,357 |
| Net assets, start / end of year | $40.5M / $46.0M |
| Active participants, start / end of year | 687 / 716 |
| Participants with account balances | 939 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Eide Bailly |
Largest service providers (Schedule C)
| Bokf, NA | $126,596 reported compensation |
| Creative Planning, LLC | $27,825 reported compensation |
| Crowe, LLP | $19,950 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250811165851NAL0008773872001, received 2025-08-11, EIN 73-1596059, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.