Plan Ledger DOL Form 5500 · updated monthly

Denooyer/Metro Auto401(k)

DENOOYER/METRO AUTOMOTIVE GROUP PROFIT SHARING 401(K) PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Denooyer/Metro Auto reported $41,010 in plan administrative expenses for 2024: 0.39% of average plan assets, above 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 0.02% to 0.39%. 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 New York (3,488th of 5,648), and the 2,459th of 5,215 in retail trade. active participation has grown from 260 to 318 since 2022.

Plan summary
Net assets, end of year$10,933,659
Participants with balances157
Active participants318
Employer contributions$0
Employee contributions$810,951
Employer contribution per active participant$0
Average account balance$69,641
Benefits paid to participants$1,030,380
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 157 accts
2023$10.0M · 151 accts
2022$8.3M · 142 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,868
Investment management$35,142
Total administrative$41,010
The Denooyer/Metro Auto 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Denooyer/Metro Auto'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
LPL FINANCIAL LLC · Investment advisory (plan)$35,142
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$5,868

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$41,010 · 0.39%
2023$35,113 · 0.38%
2022$1,619 · 0.02%
Same employer
Similar plansRetail Trade · New York
Exxpress Tire, LLC NY$11.3M · 0.99%
Peck's Market, Inc. NY$11.2M · 0.01%
C. Basil Ford, Inc. NY$11.0M · 0.41%
Caastle, Inc. NY$10.9M · 0.08%
Regional International Corp NY$10.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141542904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.