Mileone Autogroup, Inc. 401(k) Review & Grade
Mileone Autogroup, Inc. 401(k) Plan
Towson, MDRetail Trade2,846 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$537Employer $ per active participant
$4,035Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$190.5MNet plan assets, end of year
$76,801Average balance per account
Score breakdown
- Employer generosity20.1 / 5040th percentile for employer $ per participant
- Low cost13.7 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving11.6 / 1577th percentile for employee $ per participant
- Plan features7 / 10Auto-enrollment
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 55th |
| Employee saving | 77th |
| Peers that auto-enroll | 42% |
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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Mileone Autogroup put in about $537 per active participant, below the typical peer ($650). 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 | $1,528,406 |
| Participant (employee) contributions | $11,486,814 |
| Other contributions (incl. rollovers in) | $5,613,400 |
| Administrative expenses paid from the plan | $191,822 |
| Investment advisory & management fees | $15,690 |
| Other admin expenses | $900 |
| Benefits paid out | $18,188,855 |
| Net assets, start / end of year | $166.1M / $190.5M |
| Active participants, start / end of year | 2,830 / 2,863 |
| Participants with account balances | 2,481 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $175,232 reported compensation |
| Empower Advisory Group, LLC | $15,690 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002145427NAL0000636625001, received 2025-10-02, EIN 88-1426077, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.