Plan Ledger DOL Form 5500 · updated monthly

Friendly Chevrolet Co., LTD.401(k)

FRIENDLY CHEVROLET CO., INC. 401(K) PROFIT SHARING PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Friendly Chevrolet Co., LTD. reported $4,740 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $563 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 0.25% to 0.21%. 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 Texas (4,742nd of 5,688), and 4,517th of 5,215 in retail trade. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,509,685
Participants with balances110
Active participants154
Employer contributions$86,627
Employee contributions$284,739
Employer contribution per active participant$563
Average account balance$22,815
Benefits paid to participants$65,882
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.5M · 110 accts · $87K emplr
2022$1.7M · 96 accts · $30K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,385
Investment management$355
Total administrative$4,740
The Friendly Chevrolet Co., LTD. 401(k) match · 2024
Employer contribution per active participant$563
Median for plans this size$1,313
2024$563 per active participant
2022$211 per active participant

Friendly Chevrolet Co., LTD.'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.

Administrative cost history2
2024$4,740 · 0.21%
2022$4,195 · 0.25%
Same employer
Similar plansRetail Trade · Texas
C & N Investments, Inc. TX$2.6M · 0.55%
Cs Auto, LTD. TX$2.5M · 1.05%
Lawn & Garden, LLC TX$2.5M · 0.73%
Stadium Motorcars LLC TX$2.4M · 2.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750970320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.