Plan Ledger DOL Form 5500 · updated monthly

Freeland Chevrolet, LLC401(k)

FREELAND CHEVROLET, LLC 401(K) PROFIT SHARING PLAN AND TRUST · ANTIOCH, TN · plan year 2022

Reported admin expense ratio · 2022
0.77%

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

Freeland Chevrolet, LLC reported $28,624 in plan administrative expenses for 2022: 0.77% of average plan assets, above the peer median. Employer contributions averaged $528 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Tennessee (1,196th of 1,496), and 10,338th of 11,654 in professional & technical services. In 2022, employees put in $5.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,539,175
Participants with balances83
Active participants155
Employer contributions$81,808
Employee contributions$445,932
Employer contribution per active participant$528
Average account balance$42,641
Benefits paid to participants$416,708
Plan auditUnmodified (clean) audit opinion
AuditorMILLER CPA PLLC
Administrative expenses, itemized · 2022
Investment management$28,624
Total administrative$28,624
The Freeland Chevrolet, LLC 401(k) match · 2022
Employer contribution per active participant$528
Median for plans this size$1,114

Freeland Chevrolet, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$28,624 · 0.77%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Tele-Optics, Inc. TN$4.0M · 0.75%
Iqtalent Partners, Inc. TN$3.7M · 1.30%
Womble, LLC TN$3.5M · 0.51%
B.T.L. Industries, Inc. TN$2.8M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263207095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.