Plan Ledger DOL Form 5500 · updated monthly

Dan Wolf Automotive Group401(k)

DAN WOLF AUTOMOTIVE GROUP 401(K) PLAN · NAPERVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Dan Wolf Automotive Group reported $96,353 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $923 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 3 years on file its reported administrative ratio has held roughly steady near 0.602%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,850th-largest of 3,702 plans among Illinois employers on file, and the 1,691st of 5,215 in retail trade. In 2024, employees put in $6.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,253,545
Participants with balances228
Active participants207
Employer contributions$191,122
Employee contributions$1,254,091
Employer contribution per active participant$923
Average account balance$75,673
Benefits paid to participants$1,226,859
Plan auditUnmodified (clean) audit opinion
AuditorWOODWARD & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 228 accts · $191K emplr
2023$14.8M · 202 accts · $288K emplr
2022$13.0M · 216 accts · $189K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,496
Investment management$47,440
Audit (IQPA)$4,541
Total administrative$96,353
The Dan Wolf Automotive Group 401(k) match · 2024
Employer contribution per active participant$923
Median for plans this size$2,416
2024$923 per active participant
2023$1,582 per active participant
2022$985 per active participant

Dan Wolf Automotive Group's 2024 employer contribution ran below the $2,416 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 · 20243
JOHN HANCOCK RETIREMENT PLAN SERVIC · Recordkeeping · Loan processing$36,496
RAYMOND JAMES · Investment advisory (plan)$47,440
RETIREMENT SOLUTION GROUP$7,876

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$96,353 · 0.60%
2023$96,164 · 0.69%
2022$87,508 · 0.60%
Same employer
Similar plansRetail Trade · Illinois
Loeber Motors, Inc. IL$18.4M · 0.14%
Heller Ford Sales, Inc. IL$18.0M · 0.49%
Coffman Truck Sales, Inc. IL$18.0M · 0.09%
West Jeff Auto Sales IL$16.5M · 0.57%
Rogers Enterprises, Inc. IL$15.9M · 0.67%
Joe Rizza Dealer Group IL$15.7M · 0.75%
Russo Hardware Inc IL$15.5M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362720208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.