Plan Ledger DOL Form 5500 · updated monthly

Best Chevrolet, Inc.401(k)

BEST CHEVROLET, INC. 401(K) PLAN · HINGHAM, MA · plan year 2025

Reported admin expense ratio · 2025
0.59%

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

Best Chevrolet, Inc. reported $45,403 in plan administrative expenses for 2025: 0.59% of average plan assets, above the peer median. Employer contributions averaged $463 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 rose from 0.11% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Massachusetts (2,047th of 2,726), and 3,025th of 5,215 in retail trade. In 2025, employees put in $11.56 for every $1.00 the employer contributed; active participation has shrunk from 112 to 99 since 2022.

Plan summary
Net assets, end of year$8,062,691
Participants with balances155
Active participants99
Employer contributions$45,883
Employee contributions$530,208
Employer contribution per active participant$463
Average account balance$52,017
Benefits paid to participants$1,101,609
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$8.1M · 155 accts · $46K emplr
2024$7.4M · 172 accts · $46K emplr
2023$7.4M · 175 accts · $113K emplr
2022$7.1M · 156 accts · $68K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$2,717
Total administrative$45,403
The Best Chevrolet, Inc. 401(k) match · 2025
Employer contribution per active participant$463
Median for plans this size$1,464
2025$463 per active participant
2024$429 per active participant
2023$1,034 per active participant
2022$608 per active participant

Best Chevrolet, Inc.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
JOHN HANCOCK RETIREMENT PLAN SERVIC · Other services$39,370
THE ANGELL PENSION GROUP, INC. · Contract administrator$2,218
CARON & BLETZER, PLLC · Accounting / audit$500

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

Administrative cost history4
2025$45,403 · 0.59%
2024$54,390 · 0.73%
2023$33,212 · 0.46%
2022$9,067 · 0.11%
Same employer
Similar plansRetail Trade · Massachusetts
Texthelp Inc. MA$8.3M · 0.28%
Hydrow, Inc. MA$8.1M · 0.76%
Evolved by Nature, Inc. MA$8.0M · 1.00%
Sentry Ford Lincoln, Inc. MA$7.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042225062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.