Plan Ledger DOL Form 5500 · updated monthly

Brunswick Auto Mart, Inc.401(k)

BRUNSWICK AUTO MART, INC. 401(K) PLAN · BRUNSWICK, OH · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Brunswick Auto Mart, Inc. reported $25,138 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $544 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 rose from 0.05% to 0.08%. 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 910th-largest of 3,295 plans among Ohio employers on file, and the 961st of 5,215 in retail trade. In 2024, employees put in $10.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,759,563
Participants with balances397
Active participants421
Employer contributions$229,150
Employee contributions$2,317,695
Employer contribution per active participant$544
Average account balance$82,518
Benefits paid to participants$3,405,818
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.8M · 397 accts · $229K emplr
2023$29.4M · 535 accts · $287K emplr
2022$23.3M · 478 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,450
Investment management$8,388
Total administrative$25,138
The Brunswick Auto Mart, Inc. 401(k) match · 2024
Employer contribution per active participant$544
Median for plans this size$2,416
2024$544 per active participant
2023$685 per active participant
2022$755 per active participant

Brunswick Auto Mart, 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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$16,797
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$8,340
MORNINGSTAR · Investment advisory (plan)indirect comp

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$25,138 · 0.08%
2023$11,779 · 0.04%
2022$13,133 · 0.05%
Same employer
Similar plansRetail Trade · Ohio
Marc Glassman, Inc. OH$34.4M · 0.26%
St Henry Tile Co., Inc OH$34.3M · 0.12%
Ferno-Washington, Inc. OH$33.1M · 0.09%
Tire Discounters, Inc. OH$32.6M · 0.90%
R & R, Inc. OH$31.4M · 0.47%
Leppo, Inc. OH$30.2M · 0.27%
True North Management, LLC OH$30.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341662358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.