Plan Ledger DOL Form 5500 · updated monthly

Champion Chevrolet, Inc.401(k)

CHAMPION CHEVROLET, INC. 401(K) PLAN AND TRUST · HOWELL, MI · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Champion Chevrolet, Inc. reported $43,176 in plan administrative expenses for 2024: 0.40% 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 rose from 0.30% to 0.40%. 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 among the smaller plans on file in Michigan (1,405th of 2,619), and the 2,272nd of 5,215 in retail trade. active participation has grown from 195 to 281 since 2022.

Plan summary
Net assets, end of year$12,033,188
Participants with balances199
Active participants281
Employer contributions$0
Employee contributions$1,195,734
Employer contribution per active participant$0
Average account balance$60,468
Benefits paid to participants$349,681
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 199 accts
2023$9.8M · 158 accts
2022$8.2M · 137 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,658
Investment management$24,518
Total administrative$43,176
The Champion Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Champion 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 · 20242
DAHRING CUSMANO AND ASSOCIATES · Investment advisory (plan)$21,675
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,658

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$43,176 · 0.40%
2023$24,773 · 0.28%
2022$26,425 · 0.30%
Same employer
Similar plansRetail Trade · Michigan
Blarney Castle Oil Co. MI$12.5M · 0.29%
Folk Oil Company, Inc. MI$12.3M · 0.04%
P Cor, LLC MI$12.0M · 0.53%
Hines Park Lincoln, Inc. MI$12.0M · 0.12%
Raiseright, LLC MI$11.8M · 0.38%
Carls Golfland, Inc. MI$11.7M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382760523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.