Plan Ledger DOL Form 5500 · updated monthly

Bud Clary Chevrolet, Inc.401(k)

BUD CLARY AUTOMOTIVE GROUP 401(K) PLAN · LONGVIEW, WA · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Bud Clary Chevrolet, Inc. reported $133,626 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $280 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 0.65% to 0.90%. 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 807th-largest of 1,714 plans among Washington employers on file, and the 1,808th of 5,215 in retail trade. In 2024, employees put in $13.21 for every $1.00 the employer contributed; active participation has grown from 391 to 586 since 2022.

Plan summary
Net assets, end of year$15,999,942
Participants with balances615
Active participants586
Employer contributions$163,789
Employee contributions$2,163,843
Employer contribution per active participant$280
Average account balance$26,016
Benefits paid to participants$1,770,591
Plan auditUnmodified (clean) audit opinion
AuditorGEFFEN MESHER & CO., PC
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 615 accts · $164K emplr
2023$13.6M · 410 accts · $122K emplr
2022$10.5M · 375 accts · $97K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,468
Investment management$113,158
Total administrative$133,626
The Bud Clary Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$280
Median for plans this size$2,416
2024$280 per active participant
2023$317 per active participant
2022$247 per active participant

Bud Clary Chevrolet, 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 · 20247
HUNNEX AND SHOEMAKER INC · Contract administrator$37,205
ANDERSON & ANDERSON ADVISORY LLC · Investment advisory (plan)$37,053
GEFFEN MESHER · Accounting / audit$17,500
NATIONAL AUTOMOBILE DEALERS ASSOC$5,666
CAPFINANCIAL PARTNERS LLC$2,833
NORTHEAST RETIREMENT SERVICES$1,771

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$133,626 · 0.90%
2023$99,034 · 0.82%
2022$72,042 · 0.65%
Same employer
Similar plansRetail Trade · Washington
Copiers Northwest, Inc. WA$17.3M · 0.52%
Pierre Enterprises, Inc. WA$16.9M · 0.57%
Spaldings, Inc. WA$16.6M · 0.02%
Larson Motors, Inc. WA$15.4M · 0.34%
Card Kingdom, Inc. WA$13.4M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910699054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.