Plan Ledger DOL Form 5500 · updated monthly

Automark Collision Centers, LLC401(k)

AUTOMARK 401(K) PLAN · FARMINGTON HILLS, MI · plan year 2022

Reported admin expense ratio · 2022
0.42%

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

Automark Collision Centers, LLC reported $48,020 in plan administrative expenses for 2022: 0.42% of average plan assets, above the peer median. Employer contributions averaged $992 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (1,956th of 2,619), and 3,611th of 5,215 in retail trade. In 2022, employees put in $4.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,525,632
Participants with balances83
Active participants30
Employer contributions$29,772
Employee contributions$129,009
Employer contribution per active participant$992
Average account balance$66,574
Benefits paid to participants$9,194,977
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$13,417
Professional / advisory$34,603
Total administrative$48,020
The Automark Collision Centers, LLC 401(k) match · 2022
Employer contribution per active participant$992
Median for plans this size$2,266

Automark Collision Centers, LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$48,020 · 0.42%
Similar plansRetail Trade · Michigan
Marshall Music Company MI$5.9M · 0.96%
Ibe Enterprises, LLC MI$5.8M · 0.66%
Schneider Tire Outlet MI$5.4M · 0.41%
Wolverine Truck Sales Inc MI$5.4M · 0.38%
Sellers Auto Group, Inc. MI$5.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201447092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.