Plan Ledger DOL Form 5500 · updated monthly

Chester Limited Midwest, LLC401(k)

JOHNSTONE SUPPLY OF DETROIT 401(K) PLAN · AUBURN HILLS, MI · plan year 2022

Reported admin expense ratio · 2022
0.51%

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

Chester Limited Midwest, LLC reported $48,380 in plan administrative expenses for 2022: 0.51% of average plan assets, above the peer median. Employer contributions averaged $1,888 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 1 year on file its reported administrative ratio rose from 0.51% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (1,809th of 2,619), and 3,382nd of 4,246 in wholesale trade. In 2022, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,907,885
Participants with balances176
Active participants155
Employer contributions$292,716
Employee contributions$598,239
Employer contribution per active participant$1,888
Average account balance$39,249
Benefits paid to participants$4,032,230
Plan auditUnmodified (clean) audit opinion
AuditorGORDON ADVISORS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$5.7M · 182 accts · $293K emplr
2022$6.9M · 176 accts · $293K emplr
Administrative expenses, itemized · 2022
Investment management$48,380
Total administrative$48,380
The Chester Limited Midwest, LLC 401(k) match · 2022
Employer contribution per active participant$1,888
Median for plans this size$1,114
2023$2,142 per active participant
2022$1,888 per active participant

Chester Limited Midwest, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$34,592 · 0.55%
2022$48,380 · 0.51%
Same employer
Similar plansWholesale Trade · Michigan
Dale L. Prentice Co. MI$8.6M · 0.14%
Superior Foods Company MI$7.1M · 0.53%
Merle Boes, Inc MI$7.0M · 0.72%
Coyne Staffing LLC MI$6.6M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383336773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.