Plan Ledger DOL Form 5500 · updated monthly

Casey Auto Group, Inc.401(k)

CASEY AUTO GROUP 401(K) PROFIT SHARING PLAN · NEWPORT NEWS, VA · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Casey Auto Group, Inc. reported $81,137 in plan administrative expenses for 2023: 0.36% of average plan assets, above the peer median. Employer contributions averaged $893 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 0.30% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 888th-largest of 2,266 plans among Virginia employers on file, and the 1,277th of 5,215 in retail trade. In 2023, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,609,445
Participants with balances424
Active participants421
Employer contributions$376,123
Employee contributions$1,117,394
Employer contribution per active participant$893
Average account balance$55,683
Benefits paid to participants$3,181,881
Plan auditUnmodified (clean) audit opinion
AuditorBROWN, EDWARDS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 457 accts · $422K emplr
2023$23.6M · 424 accts · $376K emplr
2022$21.4M · 457 accts · $349K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$81,137
Total administrative$81,137
The Casey Auto Group, Inc. 401(k) match · 2023
Employer contribution per active participant$893
Median for plans this size$2,440
2024$924 per active participant
2023$893 per active participant
2022$889 per active participant

Casey Auto Group, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CAPITAL GROUP RETIREMENT PLAN SERVI$40,923
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$35,000
PBMARES, LLP · Contract administrator$25,624

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$85,509 · 0.37%
2023$81,137 · 0.36%
2022$72,012 · 0.30%
Same employer
Similar plansRetail Trade · Virginia
Meadows Farms, Inc. VA$28.1M · 0.10%
Sofie Network Inc. VA$25.0M · 0.40%
Grand Home Furnishings VA$24.3M · 0.21%
Brown Automotive Group LTD VA$22.2M · 0.54%
Merrifield Garden Center VA$21.6M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541423677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.