Plan Ledger DOL Form 5500 · updated monthly

Auto Services Unlimited, LLC401(k)

AUTO SERVICES UNLIMITED 401(K) PLAN · INDEPENDENCE, OH · plan year 2024

Reported admin expense ratio · 2024
1.57%

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

Auto Services Unlimited, LLC reported $46,526 in plan administrative expenses for 2024: 1.57% of average plan assets, higher than ~90% of peers. Employer contributions averaged $456 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 0.54% to 1.57%. 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 Ohio (2,756th of 3,295), and 4,164th of 5,215 in retail trade. In 2024, employees put in $6.41 for every $1.00 the employer contributed; active participation has shrunk from 536 to 464 since 2022.

Plan summary
Net assets, end of year$3,643,022
Participants with balances480
Active participants464
Employer contributions$211,449
Employee contributions$1,354,532
Employer contribution per active participant$456
Average account balance$7,590
Benefits paid to participants$748,488
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 480 accts · $211K emplr
2023$2.3M · 537 accts · $254K emplr
2022$838K · 537 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,526
Total administrative$46,526
The Auto Services Unlimited, LLC 401(k) match · 2024
Employer contribution per active participant$456
Median for plans this size$1,313
2024$456 per active participant
2023$523 per active participant
2022$227 per active participant

Auto Services Unlimited, LLC'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 · 20245
NATIONAL AUTOMOBILE DEALERS ASSOCIA$3,177
CAPFINANCIAL PARTNERS LLC DBA CAPTR$529
NORTHEAST RETIREMENT SERVICES, INC. · Contract administrator$331
MML INVESTORS SERVICES LLCindirect 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$46,526 · 1.57%
2023$21,771 · 1.40%
2022$4,507 · 0.54%
Same employer
Similar plansRetail Trade · Ohio
Columbiana Foods, Inc. OH$4.1M · 0.72%
Vance Outdoors, Inc. OH$3.8M · 0.44%
West Point Optical, LLC OH$3.7M · 1.49%
Mickey Mart, Inc. OH$3.5M · 0.94%
Carcorp, Inc. OH$3.3M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203870271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.