Plan Ledger DOL Form 5500 · updated monthly

Carolinas Independent Automobile Dealers AssociationDC plan

CAROLINAS INDEPENDENT AUTOMOBILE 401(K) PROFIT SHARING PLAN TRUST · HARRISBURG, NC · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Carolinas Independent Automobile Dealers Association reported $74,324 in plan administrative expenses for 2022: 0.32% of average plan assets, above the peer median. Employer contributions averaged $594 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is the 676th-largest of 2,005 plans among North Carolina employers on file, and the 1,311th of 5,215 in retail trade. In 2022, employees put in $5.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,754,668
Participants with balances860
Active participants858
Employer contributions$509,671
Employee contributions$2,825,756
Employer contribution per active participant$594
Average account balance$26,459
Benefits paid to participants$737,175
Plan auditQualified audit opinion
AuditorWILLIAMS OVERMAN PIERCE, LLP
Employer contributions to the Carolinas Independent Automobile Dealers Association plan · 2022
Employer contribution per active participant$594
Median for plans this size$2,266

Carolinas Independent Automobile Dealers Association's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$74,324 · 0.32%
Similar plansRetail Trade · North Carolina
Black's Tire Service, Inc. NC$33.4M · 0.58%
Variety Wholesalers, Inc. NC$31.2M · 0.31%
Carolina Home Medical, Inc. NC$20.3M · 0.33%
Badger Sportswear, LLC NC$19.4M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237305962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.