Plan Ledger DOL Form 5500 · updated monthly

Gault Chevrolet Company, Inc.401(k)

GAULT CHEVROLET COMPANY, INC. SAVINGS PLAN · ENDICOTT, NY · plan year 2022

Employer contribution per participant · 2022
$715

Gault Chevrolet Company, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $5,341,953 across 62 participant accounts, with employer contributions averaging $715 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (4,415th of 5,648), and 3,668th of 5,215 in retail trade. In 2022, employees put in $4.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,341,953
Participants with balances62
Active participants67
Employer contributions$47,923
Employee contributions$229,902
Employer contribution per active participant$715
Average account balance$86,161
Benefits paid to participants$338,677
Plan auditUnmodified (clean) audit opinion
AuditorEVANS & BENNETT LLLP
The Gault Chevrolet Company, Inc. 401(k) match · 2022
Employer contribution per active participant$715
Median for plans this size$1,114

Gault Chevrolet Company, Inc.'s 2022 employer contribution ran below the $1,114 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.

Similar plansRetail Trade · New York
Tc Jeep, Inc. NY$5.6M · 0.22%
Middletown Nissan Inc NY$5.5M · 0.65%
Stadium Enterprises LLC NY$5.4M · 0.15%
Beekman 1802, Inc. NY$5.2M · 0.51%
East Hills Chrysler Jeep NY$5.1M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 150579146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.