Plan Ledger DOL Form 5500 · updated monthly

Dave White Chevrolet, Inc.401(k)

DAVE WHITE CHEVROLET SAVINGS AND RETIREMENT PLAN · SYLVANIA, OH · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Dave White Chevrolet, Inc. reported $93,218 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,659 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 0.51% to 0.66%. 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 1,597th-largest of 3,295 plans among Ohio employers on file, and the 1,899th of 5,215 in retail trade. In 2024, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,021,262
Participants with balances140
Active participants115
Employer contributions$190,824
Employee contributions$556,952
Employer contribution per active participant$1,659
Average account balance$107,295
Benefits paid to participants$1,288,629
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 140 accts · $191K emplr
2023$13.2M · 147 accts · $211K emplr
2022$10.9M · 137 accts · $199K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,601
Investment management$17,546
Trustee / custodial$51,071
Total administrative$93,218
The Dave White Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$1,659
Median for plans this size$2,416
2024$1,659 per active participant
2023$1,973 per active participant
2022$1,682 per active participant

Dave White Chevrolet, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE TRUST COMPANY OF TOLEDO · Trustee · Investment advisory (plan)$75,672
SCHNEIDER DOWNS & CO., INC. · Accounting / audit$17,246

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$93,218 · 0.66%
2023$74,028 · 0.61%
2022$59,729 · 0.51%
Similar plansRetail Trade · Ohio
Englefield, Inc. OH$16.0M · 0.43%
Valley Ford Truck, Inc. OH$15.2M · 0.25%
Kerry Ford Inc OH$15.0M · 0.57%
Brondes Ford, Inc. OH$14.7M · 0.49%
Thirty-One Gifts, LLC OH$14.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340869041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.