Plan Ledger DOL Form 5500 · updated monthly

Delaware Motor Sales, Inc401(k)

DELAWARE MOTOR GROUP 401(K) RETIREMENT SAVINGS PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Delaware Motor Sales, Inc reported $79,082 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $932 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 0.81% to 0.68%. 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 among the smaller plans on file in Delaware (134th of 242), and the 2,259th of 5,215 in retail trade. In 2024, employees put in $4.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,117,922
Participants with balances135
Active participants144
Employer contributions$134,274
Employee contributions$580,386
Employer contribution per active participant$932
Average account balance$89,762
Benefits paid to participants$945,397
Plan auditUnmodified (clean) audit opinion
AuditorBELFINT, LYONS, SHUMAN P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 135 accts · $134K emplr
2023$11.1M · 127 accts · $162K emplr
2022$9.2M · 126 accts · $158K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,609
Investment management$32,473
Total administrative$79,082
The Delaware Motor Sales, Inc 401(k) match · 2024
Employer contribution per active participant$932
Median for plans this size$2,416
2024$932 per active participant
2023$1,108 per active participant
2022$1,092 per active participant

Delaware Motor Sales, Inc'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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$46,609
KATHMERE CAPITAL MANAGEMENT · Consulting$32,473

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$79,082 · 0.68%
2023$77,476 · 0.77%
2022$78,139 · 0.81%
Same employer
Similar plansRetail Trade · Delaware
William H. Porter, Inc. DE$15.4M · 0.43%
The Price Organization DE$11.7M · 0.62%
Hynansky Investments, LLC DE$10.8M · 0.66%
Off Lease Only LLC DE$8.6M · 1.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510263652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.