Plan Ledger DOL Form 5500 · updated monthly

Cronin Auto, Inc.401(k)

CRONIN AUTO, INC. 401(K) PLAN · PERRYSBURG, OH · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

Cronin Auto, Inc. reported $51,679 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. Employer contributions averaged $947 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 Ohio (2,225th of 3,295), and 3,110th of 5,215 in retail trade. In 2022, employees put in $5.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,744,018
Participants with balances109
Active participants117
Employer contributions$110,841
Employee contributions$599,485
Employer contribution per active participant$947
Average account balance$71,046
Benefits paid to participants$736,136
Plan auditUnmodified (clean) audit opinion
AuditorCLARK SCHAEFFER HACKETT
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $51K emplr
2022$7.7M · 109 accts · $111K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,183
Investment management$32,441
Professional / advisory$4,055
Total administrative$51,679
The Cronin Auto, Inc. 401(k) match · 2022
Employer contribution per active participant$947
Median for plans this size$1,114

Cronin Auto, Inc.'s 2022 employer contribution ran below 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 history2
2023Not separately reported
2022$51,679 · 0.61%
Same employer
Similar plansRetail Trade · Ohio
Jungle Jim's Market, Inc. OH$7.8M · 0.68%
L.D. Management Company OH$7.8M · 0.55%
Best Supply, Inc. OH$7.8M · 0.74%
Marco's Franchising, LLC OH$7.8M · 0.60%
E&H Family Group, Inc. OH$7.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340977006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.