Plan Ledger DOL Form 5500 · updated monthly

Edwards Chevrolet-Cadillac, Inc401(k)

EDWARDS AUTO GROUP 401(K) PLAN · COUNCIL BLUFFS, IA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Edwards Chevrolet-Cadillac, Inc reported $28,186 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $645 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 0.09% to 0.30%. 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 Iowa (587th of 878), and 2,672nd of 5,215 in retail trade. In 2024, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,744,230
Participants with balances193
Active participants454
Employer contributions$292,645
Employee contributions$900,112
Employer contribution per active participant$645
Average account balance$50,488
Benefits paid to participants$2,042,015
Plan auditUnmodified (clean) audit opinion
AuditorHBE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 193 accts · $293K emplr
2023$9.2M · 172 accts · $277K emplr
2022$7.4M · 184 accts · $193K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,344
Investment management$10,842
Total administrative$28,186
The Edwards Chevrolet-Cadillac, Inc 401(k) match · 2024
Employer contribution per active participant$645
Median for plans this size$1,313
2024$645 per active participant
2023$631 per active participant
2022$411 per active participant

Edwards Chevrolet-Cadillac, 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 · 20243
UNITED OF OMAHA · Loan processing · Recordkeeping$6,789
ASCENSUS LLC · Loan processing$10,555
MUTUAL OF OMAHA INVESTOR SERVICES, · Investment advisory (plan)$5,618

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

Recordkeeper by year2
2024Mutual of Omaha
2023Mutual of Omaha

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,186 · 0.30%
2023$11,985 · 0.14%
2022$5,810 · 0.09%
Similar plansRetail Trade · Iowa
Pritchard Auto Company IA$11.6M · 0.43%
Qsc, LLC IA$10.9M · 0.33%
Elliott Oil Company IA$9.9M · 0.48%
Ed Stivers Ford, Inc. IA$6.0M · 0.42%
Community Motor Co., Inc. IA$5.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420646357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.