Plan Ledger DOL Form 5500 · updated monthly

Carl Black Chevrolet Buick Gmc Inc.401(k)

CARL BLACK CHEVROLET BUICK GMC INC. 401(K) PLAN · KENNESAW, GA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Carl Black Chevrolet Buick Gmc Inc. reported $48,425 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.47% to 0.33%. 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 994th-largest of 2,160 plans among Georgia employers on file, and the 1,855th of 5,215 in retail trade. active participation has grown from 382 to 448 since 2022.

Plan summary
Net assets, end of year$15,506,485
Participants with balances271
Active participants448
Employer contributions$0
Employee contributions$1,338,824
Employer contribution per active participant$0
Average account balance$57,220
Benefits paid to participants$1,339,698
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 271 accts
2023$13.5M · 267 accts
2022$10.7M · 254 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,442
Investment management$9,618
Total administrative$48,425
The Carl Black Chevrolet Buick Gmc Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Carl Black Chevrolet Buick Gmc 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
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$28,442
CHERRY, BEKAERT LLP$10,365
IAMS WEALTH MANAGEMENT LLC IAMS WEA · Investment advisory (plan)$9,618

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$48,425 · 0.33%
2023$33,326 · 0.28%
2022$54,242 · 0.47%
Same employer
Similar plansRetail Trade · Georgia
Vaden Holding, Inc. GA$17.7M · 0.66%
Currey & Company, Inc. GA$16.2M · 0.01%
J C Lewis Motor Co., Inc. GA$15.0M · 0.38%
Akin Ford Corporation GA$13.5M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582001655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.