Plan Ledger DOL Form 5500 · updated monthly

Al Baumann Chevrolet Buick, Inc.401(k)

AL BAUMANN CHEVROLET BUICK, INC. 401(K) PLAN · FREMONT, OH · plan year 2024

Reported admin expense ratio · 2024
0.41%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Al Baumann Chevrolet Buick, Inc. reported $65,458 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,113 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,483rd-largest of 3,295 plans among Ohio employers on file, and the 1,703rd of 5,215 in retail trade. In 2024, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,125,722
Participants with balances237
Active participants234
Employer contributions$260,337
Employee contributions$772,736
Employer contribution per active participant$1,113
Average account balance$72,260
Benefits paid to participants$645,223
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 237 accts · $260K emplr
2023$15.1M · 233 accts · $240K emplr
2022$13.7M · 227 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,131
Investment management$8,327
Total administrative$65,458
The Al Baumann Chevrolet Buick, Inc. 401(k) match · 2024
Employer contribution per active participant$1,113
Median for plans this size$2,416
2024$1,113 per active participant
2023$1,002 per active participant
2022$1,331 per active participant

Al Baumann Chevrolet Buick, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$8,327

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$65,458 · 0.41%
2023$58,956 · 0.41%
2022$58,208 · 0.40%
Same employer
Similar plansRetail Trade · Ohio
Universal Screen Arts, Inc. OH$17.7M · 0.13%
Beechmont Investments, Inc. OH$17.5M · 0.84%
Riesbeck Food Markets Inc OH$17.2M · 0.13%
Ecs Tuning, LLC OH$16.8M · 0.19%
Blue Technologies, Inc. OH$16.3M · 0.41%
McCluskey Chevrolet, Inc. OH$16.2M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344471507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.