Plan Ledger DOL Form 5500 · updated monthly

Chuck Hutton Chevrolet Co.401(k)

THE HUTTON COMPANY EMPLOYEES PROFIT SHARING PLAN AND TRUST · MEMPHIS, TN · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Chuck Hutton Chevrolet Co. reported $14,523 in plan administrative expenses for 2022: 0.28% of average plan assets, below the peer median. Employer contributions averaged $227 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 0.28% to 0.44%. 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 Tennessee (1,106th of 1,496), and 3,888th of 5,215 in retail trade. In 2022, employees put in $18.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,569,913
Participants with balances385
Active participants117
Employer contributions$26,555
Employee contributions$500,277
Employer contribution per active participant$227
Average account balance$11,870
Benefits paid to participants$922,613
Plan auditUnmodified (clean) audit opinion
AuditorHHM CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 147 accts · $11K emplr
2023$2.0M · 293 accts · $25K emplr
2022$4.6M · 385 accts · $27K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,523
Total administrative$14,523
The Chuck Hutton Chevrolet Co. 401(k) match · 2022
Employer contribution per active participant$227
Median for plans this size$1,114
2024$142 per active participant
2023$239 per active participant
2022$227 per active participant

Chuck Hutton Chevrolet Co.'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 history3
2024$8,040 · 0.44%
2023$16,530 · 0.50%
2022$14,523 · 0.28%
Similar plansRetail Trade · Tennessee
Chas. C. Parks Company TN$4.7M · 1.02%
Logo Brands, Inc. TN$4.6M · 0.59%
Old Time Pottery, LLC TN$4.5M · 1.08%
Gary Mathews Motors, Inc. TN$4.3M · 0.11%
Mountain View Ford, Inc. TN$3.7M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620907139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.