Plan Ledger DOL Form 5500 · updated monthly

Galeana Chrysler Jeep, Inc.401(k)

GALEANA CHRYSLER JEEP, INC. FL 401(K) PLAN · FT MYERS, FL · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Galeana Chrysler Jeep, Inc. reported $1,979 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,297 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 3 years on file its reported administrative ratio fell from 0.031% to 0.029%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Florida (2,092nd of 3,644), and 3,177th of 5,215 in retail trade. In 2023, employees put in $3.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,453,613
Participants with balances123
Active participants142
Employer contributions$184,211
Employee contributions$607,477
Employer contribution per active participant$1,297
Average account balance$60,598
Benefits paid to participants$356,369
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history4
Yearassets · accounts · employer contribution
2023$7.5M · 123 accts · $184K emplr
2022$6.3M · 134 accts · $213K emplr
2021$6.7M · 137 accts · $156K emplr
2020$5.8M · 139 accts · $147K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,210
Investment management$769
Total administrative$1,979
The Galeana Chrysler Jeep, Inc. 401(k) match · 2023
Employer contribution per active participant$1,297
Median for plans this size$1,308
2023$1,297 per active participant
2022$1,376 per active participant
2021$1,119 per active participant
2020$1,119 per active participant

Galeana Chrysler Jeep, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
SENTRY LIFE INSURANCE COMPANY$1,210

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

Administrative cost history4
2023$1,979 · 0.03%
2022$3,339 · 0.05%
2021$2,912 · 0.05%
2020$1,668 · 0.03%
Similar plansRetail Trade · Florida
Grace Wins, LLC FL$7.9M · 0.79%
Detwilers Operations Inc. FL$7.9M · 0.63%
L.P. Industries, Inc. FL$7.8M · 0.22%
Beck Auto Sales, Inc. FL$6.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592087222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.