Plan Ledger DOL Form 5500 · updated monthly

Classic Chevrolet Buick Gmc, Inc.401(k)

THE DURANT AUTO GROUP 401(K) PLAN · GRAPEVINE, TX · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Classic Chevrolet Buick Gmc, Inc. reported $314,979 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $910 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 fell from 0.57% to 0.47%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 821st-largest of 5,688 plans among Texas employers on file, and the 490th of 5,215 in retail trade. In 2024, employees put in $3.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,967,437
Participants with balances2,906
Active participants2,441
Employer contributions$2,222,439
Employee contributions$8,151,521
Employer contribution per active participant$910
Average account balance$24,765
Benefits paid to participants$9,690,033
Plan auditUnmodified (clean) audit opinion
AuditorMILBERN RAY AND COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$72.0M · 2,906 accts · $2.2M emplr
2023$62.5M · 2,583 accts · $2.2M emplr
2022$53.2M · 2,507 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,517
Investment management$101,267
Audit (IQPA)$84,195
Total administrative$314,979
The Classic Chevrolet Buick Gmc, Inc. 401(k) match · 2024
Employer contribution per active participant$910
Median for plans this size$3,635
2024$910 per active participant
2023$919 per active participant
2022$897 per active participant

Classic Chevrolet Buick Gmc, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
MILBERN RAY AND COMPANY · Accounting / audit$84,195
LEVEL FOUR ADVISORY SERVICES LLC · Investment advisory (plan)$51,384
WIMMER CON · Investment advisory (participants)$31,709
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,174

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$314,979 · 0.47%
2023$328,683 · 0.57%
2022$327,793 · 0.57%
Similar plansRetail Trade · Texas
McCoy Corporation TX$98.2M · 0.19%
Ubeo, LLC TX$79.1M · 0.18%
Dkk Holding Co., LTD TX$73.7M · 0.31%
Buc-Ee's, LTD. TX$70.8M · 0.47%
Pay and Save Inc TX$63.8M · 0.52%
Mac Haik Management LLC TX$61.2M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751159462 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.