Betten Chevrolet-Cadillac Inc.401(k)
BETTEN BAKER AUTO FAMILY 401(K) RETIREMENT PLAN · MUSKEGON, MI · plan year 2023
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Betten Chevrolet-Cadillac Inc. reported $117,621 in plan administrative expenses for 2023: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $124 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 fell from 0.91% to 0.79%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 1,195th-largest of 2,619 plans among Michigan employers on file, and the 1,791st of 5,215 in retail trade. In 2023, employees put in $24.67 for every $1.00 the employer contributed; active participation has grown from 421 to 478 since 2022.
Betten Chevrolet-Cadillac Inc.'s 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 382442212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.