Plan Ledger DOL Form 5500 · updated monthly

Celebrity Motor Cars LLC401(k)

CELEBRITY MOTOR CARS LLC 401(K) PLAN · WHIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Celebrity Motor Cars LLC reported $74,596 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $670 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 0.22% to 0.31%. 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 905th-largest of 2,419 plans among New Jersey employers on file, and the 1,158th of 5,215 in retail trade. In 2024, employees put in $7.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,233,155
Participants with balances252
Active participants310
Employer contributions$207,708
Employee contributions$1,532,454
Employer contribution per active participant$670
Average account balance$104,100
Benefits paid to participants$1,242,322
Plan auditDisclaimer of opinion
AuditorJVA ACCOUNTANTS & ADVISORS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.2M · 252 accts · $208K emplr
2023$22.3M · 249 accts · $187K emplr
2022$16.4M · 224 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,596
Total administrative$74,596
The Celebrity Motor Cars LLC 401(k) match · 2024
Employer contribution per active participant$670
Median for plans this size$2,416
2024$670 per active participant
2023$577 per active participant
2022$633 per active participant

Celebrity Motor Cars LLC'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
CORNERSTONE PLANNING GROUP · Investment advisory (plan)$51,093
ASSOCIATED PENSION CONSULTANTS · Contract administrator$70

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$74,596 · 0.31%
2023$574 · 0.00%
2022$38,305 · 0.22%
Similar plansRetail Trade · New Jersey
Park Avenue Motor Corp. NJ$26.4M · 0.31%
Ynap Corporation NJ$25.3M · 0.39%
World Finer Foods LLC NJ$24.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261880398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.