Plan Ledger DOL Form 5500 · updated monthly

Asgard Automotive, Inc.401(k)

PRIORITY RICHMOND GROUP 401(K) & PROFIT SHARING PLAN · CHESTER, VA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Asgard Automotive, Inc. reported $18,865 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $216 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 2 years on file its reported administrative ratio rose from 0.34% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Virginia (1,778th of 2,266), and 3,624th of 5,215 in retail trade. In 2024, employees put in $13.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,488,464
Participants with balances243
Active participants232
Employer contributions$50,000
Employee contributions$656,486
Employer contribution per active participant$216
Average account balance$22,586
Benefits paid to participants$646,286
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 243 accts · $50K emplr
2023$4.7M · 239 accts · $98K emplr
2022$3.9M · 211 accts · $75K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,865
Total administrative$18,865
The Asgard Automotive, Inc. 401(k) match · 2024
Employer contribution per active participant$216
Median for plans this size$1,313
2024$216 per active participant
2023$441 per active participant
2022$355 per active participant

Asgard Automotive, Inc.'s 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$18,865
TBS AGENCY INC · Other servicesindirect comp

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$18,865 · 0.37%
2023$15,838 · 0.37%
2022$13,863 · 0.34%
Same employer
Similar plansRetail Trade · Virginia
Sabmd LLC VA$6.3M · 0.28%
The Lester Group, Inc. VA$6.0M · 0.50%
Grand Brands LLC VA$5.3M · 0.17%
R K Chevrolet, Inc. VA$5.1M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471996407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.