Plan Ledger DOL Form 5500 · updated monthly

Atlantic Coast Automotive, Inc.401(k)

ATLANTIC COAST AUTOMOTIVE, INC. 401(K) PLAN · MIAMI LAKES, FL · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

Atlantic Coast Automotive, Inc. reported $106,552 in plan administrative expenses for 2023: 0.42% of average plan assets, above the peer median. Employer contributions averaged $34 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 1 year on file its reported administrative ratio fell from 0.79% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 813th-largest of 3,644 plans among Florida employers on file, and the 1,029th of 5,215 in retail trade. In 2023, employees put in $58.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,994,557
Participants with balances1,382
Active participants2,535
Employer contributions$87,165
Employee contributions$5,068,145
Employer contribution per active participant$34
Average account balance$21,704
Benefits paid to participants$3,680,854
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$30.0M · 1,382 accts · $87K emplr
2022$20.2M · 875 accts · $123K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$61,857
Investment management$44,084
Total administrative$106,552
The Atlantic Coast Automotive, Inc. 401(k) match · 2023
Employer contribution per active participant$34
Median for plans this size$2,440
2023$34 per active participant
2022$49 per active participant

Atlantic Coast Automotive, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping · Investment management$42,183
MERRILL LYNCH FAS · Investment advisory (participants)$42,230
MERRIL LYNCH EPS · Investment advisory (participants)$1,853

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

Administrative cost history2
2023$106,552 · 0.42%
2022$151,697 · 0.79%
Similar plansRetail Trade · Florida
Welldyne Rx FL$32.7M · 0.20%
Mayors Jewelers, Inc. FL$32.0M · 0.20%
Duty Free Americas, Inc. FL$30.3M · 0.18%
Williamson Cadillac Company FL$29.9M · 0.81%
Schumacher Auto Group, Inc. FL$29.3M · 0.10%
Allpro Corporation FL$28.7M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205589197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.