Plan Ledger DOL Form 5500 · updated monthly

Bill Dodge Auto Group, Inc.401(k)

BILL DODGE AUTO GROUP SALARY DEFERRAL 401(K) PLAN · WESTBROOK, ME · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Bill Dodge Auto Group, Inc. reported $41,633 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $761 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 0.292%. 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 among the smaller plans on file in Maine (179th of 354), and the 1,867th of 5,215 in retail trade. In 2024, employees put in $6.99 for every $1.00 the employer contributed; active participation has grown from 221 to 258 since 2022.

Plan summary
Net assets, end of year$15,430,613
Participants with balances332
Active participants258
Employer contributions$196,267
Employee contributions$1,372,425
Employer contribution per active participant$761
Average account balance$46,478
Benefits paid to participants$603,265
Plan auditUnmodified (clean) audit opinion
AuditorALBIN RANDALL & BENNETT
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 332 accts · $196K emplr
2023$13.1M · 307 accts · $198K emplr
2022$11.0M · 284 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,484
Investment management$35,149
Total administrative$41,633
The Bill Dodge Auto Group, Inc. 401(k) match · 2024
Employer contribution per active participant$761
Median for plans this size$2,416
2024$761 per active participant
2023$805 per active participant
2022$806 per active participant

Bill Dodge Auto Group, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
AMERIPRISE FINANCIAL · Recordkeeping · Trustee$35,149
ADP, INC. · Loan processing · Recordkeeping$6,484
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, AMERIPRISE FINANCIAL
2023ADP, AMERIPRISE FINANCIAL, GLOBAL RETIREMENT PARTNERS

This plan has changed recordkeepers within these filings. If you left Bill Dodge Auto Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$41,633 · 0.29%
2023$35,248 · 0.29%
2022$34,036 · 0.29%
Similar plansRetail Trade · Maine
Marden's, Inc. ME$20.4M · 0.65%
Viking, Inc. ME$17.1M · 0.12%
Hutchins Motors, Inc. ME$16.5M · 0.02%
Dsr Auto Management LLC ME$13.2M · 0.62%
Goodwin's Chevrolet Company ME$13.1M · 0.64%
Pei ME$12.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010459136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.