Plan Ledger DOL Form 5500 · updated monthly

Bergen Auto Enterprises, LLC dba401(k)

AUTOMOTIVE EMPLOYEE 401(K) PLAN · WAYNE, NJ · plan year 2022

Reported admin expense ratio · 2022
0.36%

Bergen Auto Enterprises, LLC dba reported $6,258 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Jersey (2,162nd of 2,419), and 4,718th of 5,215 in retail trade.

Plan summary
Net assets, end of year$1,804,322
Participants with balances72
Active participants178
Employer contributions—
Employee contributions$388,988
Employer contribution per active participant—
Average account balance$25,060
Benefits paid to participants$39,899
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH BROWN
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$6,258 · 0.36%
Same employer
Similar plansRetail Trade · New Jersey
Action Supply, Inc. NJ$2.4M · 1.02%
North East Parts Group NJ$2.0M · 1.37%
Charles S. Winner, Inc. NJ$1.8M · 0.89%
R Wireless of Nj Inc NJ$1.1M · 1.58%
Carlos Bakery Inc NJ$1.1M · 0.78%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 223799510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.