Plan Ledger DOL Form 5500 · updated monthly

Bob Johnson Chevrolet401(k)

BOB JOHNSON GROUP RETIREMENT SAVINGS PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Bob Johnson Chevrolet reported $161,796 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $119 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 0.41% to 0.35%. 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 1,350th-largest of 5,648 plans among New York employers on file, and the 643rd of 5,215 in retail trade. In 2024, employees put in $40.48 for every $1.00 the employer contributed; active participation has grown from 962 to 1,211 since 2022.

Plan summary
Net assets, end of year$50,907,052
Participants with balances987
Active participants1,211
Employer contributions$143,655
Employee contributions$5,815,678
Employer contribution per active participant$119
Average account balance$51,578
Benefits paid to participants$2,117,159
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP, CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$50.9M · 987 accts · $144K emplr
2023$40.4M · 1,012 accts · $112K emplr
2022$34.7M · 998 accts · $470K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,796
Total administrative$161,796
The Bob Johnson Chevrolet 401(k) match · 2024
Employer contribution per active participant$119
Median for plans this size$2,416
2024$119 per active participant
2023$96 per active participant
2022$489 per active participant

Bob Johnson Chevrolet'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 · 20245
MODERN WEALTH HOLDINGS LLC · Investment advisory (plan) · Contract administrator$62,315
LPL FINANCIAL · Investment advisory (plan)$24,468
BIA CONSULTING, LLC · Contract administrator$8,702
EFPR GROUP LLP · Accounting / audit · Trustee (directed)$7,900

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

Administrative cost history3
2024$161,796 · 0.35%
2023$122,215 · 0.33%
2022$145,056 · 0.41%
Same employer
Similar plansRetail Trade · New York
Zara USA, Inc. NY$52.8M · 0.52%
Basil Management Group LLC NY$51.3M · 0.26%
Hugo Boss USA NY$51.2M · 0.19%
Adams Fairacre Farms, Inc. NY$47.7M · 0.25%
Healey Brothers, Inc. NY$43.7M · 0.28%
The Shade Store, LLC NY$41.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161170100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.