Plan Ledger DOL Form 5500 · updated monthly

Chapman Management Corporation401(k)

CHAPMAN AUTO GROUP 401(K) PROFIT SHARING PLAN · HORSHAM, PA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Chapman Management Corporation reported $183,643 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,473 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 3 years on file its reported administrative ratio has held roughly steady near 0.52%. 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 3,651 plans among Pennsylvania employers on file, and the 834th of 5,215 in retail trade. In 2024, employees put in $3.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,022,187
Participants with balances666
Active participants507
Employer contributions$746,865
Employee contributions$2,512,747
Employer contribution per active participant$1,473
Average account balance$57,090
Benefits paid to participants$2,974,646
Plan auditUnmodified (clean) audit opinion
AuditorCOUNCILOR, BUCHANAN & MITCHELL
Plan history3
Yearassets · accounts · employer contribution
2024$38.0M · 666 accts · $747K emplr
2023$32.8M · 671 accts · $691K emplr
2022$27.2M · 615 accts · $662K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$183,643
Total administrative$183,643
The Chapman Management Corporation 401(k) match · 2024
Employer contribution per active participant$1,473
Median for plans this size$2,416
2024$1,473 per active participant
2023$1,316 per active participant
2022$1,287 per active participant

Chapman Management Corporation's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$7,036

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$183,643 · 0.52%
2023$160,665 · 0.54%
2022$149,126 · 0.51%
Similar plansRetail Trade · Pennsylvania
Diamond Drugs, Inc. PA$47.4M · 0.01%
Pentech Holdings Inc. PA$44.4M · 0.21%
Everfast, Inc. PA$39.3M · 0.28%
Autobody Products, Inc. PA$37.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233280606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.