Plan Ledger DOL Form 5500 · updated monthly

Chevy Chase Automotive, LLC401(k)

CHEVY CHASE AUTOMOTIVE, LLC 401K PROFIT SHARING PLAN · BETHESDA, MD · plan year 2022

Reported admin expense ratio · 2022
0.49%

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

Chevy Chase Automotive, LLC reported $40,666 in plan administrative expenses for 2022: 0.49% of average plan assets, above the peer median. Employer contributions averaged $284 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maryland (1,117th of 1,671), and 3,159th of 5,215 in retail trade. In 2022, employees put in $10.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,525,834
Participants with balances91
Active participants109
Employer contributions$30,917
Employee contributions$309,177
Employer contribution per active participant$284
Average account balance$82,701
Benefits paid to participants$554,898
Plan auditUnmodified (clean) audit opinion
AuditorCOUNCILOR, BUCHANAN & MITCHELL, P.C
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,347
Investment management$37,319
Total administrative$40,666
The Chevy Chase Automotive, LLC 401(k) match · 2022
Employer contribution per active participant$284
Median for plans this size$1,114

Chevy Chase Automotive, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$40,666 · 0.49%
Similar plansRetail Trade · Maryland
Ernest Maier, Inc. MD$8.7M · 0.05%
Timbrook Automotive, Inc. MD$8.0M · 0.77%
Jerrys Chevrolet, Inc. MD$7.8M · 0.24%
J.A. Motorcars, Inc. MD$7.4M · 0.22%
Albert S. Smyth Co., Inc. MD$7.3M · 0.74%
Apple Ford, Inc. MD$7.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522239532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.