Plan Ledger DOL Form 5500 · updated monthly

Bayside Auto Group401(k)

BAYSIDE AUTO GROUP 401(K) PROFIT SHARING PLAN & TRUST · PRINCE FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Bayside Auto Group reported $58,093 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,492 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 0.44%. 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 814th-largest of 1,671 plans among Maryland employers on file, and the 1,980th of 5,215 in retail trade. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,316,437
Participants with balances167
Active participants296
Employer contributions$441,538
Employee contributions$785,578
Employer contribution per active participant$1,492
Average account balance$85,727
Benefits paid to participants$899,915
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 167 accts · $442K emplr
2023$12.4M · 183 accts · $486K emplr
2022$10.6M · 189 accts · $548K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,738
Investment management$35,355
Total administrative$58,093
The Bayside Auto Group 401(k) match · 2024
Employer contribution per active participant$1,492
Median for plans this size$2,416
2024$1,492 per active participant
2023$1,760 per active participant
2022$1,959 per active participant

Bayside Auto Group's 2024 employer contribution ran below the $2,416 median for plans its size. 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$22,738
EDWARD D JONES & COMPANY · Investment advisory (plan)$32,713

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$58,093 · 0.44%
2023$50,589 · 0.44%
2022$44,525 · 0.43%
Same employer
Similar plansRetail Trade · Maryland
Gladding Chevrolet, Inc. MD$14.9M · 0.70%
Dtlr, Inc. MD$14.6M · 0.90%
Mom's Organic Market, Inc. MD$14.4M · 0.57%
Bob Bell Automotive Group MD$14.3M · 0.58%
Eastland Food Corporation MD$13.7M · 0.13%
Dfk Management, Inc. MD$13.3M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521664217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.