Plan Ledger DOL Form 5500 · updated monthly

Dutch Miller Chevrolet, Inc.401(k)

DUTCH MILLER CHEVROLET, INC. 401(K) PROFIT SHARING PLAN · HUNTINGTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Dutch Miller Chevrolet, Inc. reported $47,989 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $653 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 1.09% to 0.68%. 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 West Virginia (157th of 265), and 3,097th of 5,215 in retail trade. In 2024, employees put in $4.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,790,553
Participants with balances431
Active participants373
Employer contributions$243,597
Employee contributions$1,047,620
Employer contribution per active participant$653
Average account balance$18,076
Benefits paid to participants$760,915
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 431 accts · $244K emplr
2023$6.3M · 334 accts · $229K emplr
2022$4.9M · 379 accts · $223K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,989
Total administrative$47,989
The Dutch Miller Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$653
Median for plans this size$1,313
2024$653 per active participant
2023$686 per active participant
2022$642 per active participant

Dutch Miller Chevrolet, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
UNITED BANK · Investment advisory (plan)$29,876
METRO BENEFITS, INC · Contract administrator$19,650

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$47,989 · 0.68%
2023$88,542 · 1.58%
2022$54,439 · 1.09%
Same employer
Similar plansRetail Trade · West Virginia
Forth Foods, Inc WV$12.7M · 0.54%
Discount Emporium, Inc. WV$6.6M · 0.22%
Kings Tire Service, Inc. WV$5.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550660979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.