Plan Ledger DOL Form 5500 · updated monthly

Dave Hallman Chevrolet, Inc.401(k)

THE HALLMAN AUTOMOTIVE GROUP 401(K) RETIREMENT SAVINGS PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Dave Hallman Chevrolet, Inc. reported $26,120 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.17% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,288th of 3,651), and 2,634th of 5,215 in retail trade.

Plan summary
Net assets, end of year$9,943,358
Participants with balances191
Active participants259
Employer contributions$0
Employee contributions$466,665
Employer contribution per active participant$0
Average account balance$52,059
Benefits paid to participants$635,167
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFFNER, KNIGHT, MINNAUGH & CO
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 191 accts
2023$8.9M · 167 accts
2022$8.6M · 152 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,755
Investment management$23,365
Total administrative$26,120
The Dave Hallman Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Dave Hallman Chevrolet, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$11,879
LPL FINANCIAL CORPORATION RPCP · Investment advisory (plan)$23,365

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Dave Hallman Chevrolet, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$26,120 · 0.28%
2023$25,044 · 0.29%
2022$17,172 · 0.17%
Similar plansRetail Trade · Pennsylvania
Wfp Holdings, LLC PA$10.5M · 0.29%
Yoder's Meats, Inc. PA$10.4M · 0.56%
Sherwood Chevrolet Inc. PA$10.0M · 0.02%
Laurel Motors Holding Co. PA$9.8M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251258881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.