Plan Ledger DOL Form 5500 · updated monthly

General Rv Centers, Inc.401(k)

GENERAL RV 401(K) PLAN & TRUST · WIXOM, MI · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

General Rv Centers, Inc. reported $278,882 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,733 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 0.43% to 0.39%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 367th-largest of 2,619 plans among Michigan employers on file, and the 462nd of 5,215 in retail trade. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 1,355 to 1,769 since 2022.

Plan summary
Net assets, end of year$77,439,669
Participants with balances1,803
Active participants1,769
Employer contributions$3,065,090
Employee contributions$6,346,292
Employer contribution per active participant$1,733
Average account balance$42,950
Benefits paid to participants$7,144,300
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$77.4M · 1,803 accts · $3.1M emplr
2023$65.8M · 1,656 accts · $2.8M emplr
2022$51.4M · 1,488 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,524
Investment management$145,564
Total administrative$278,882
The General Rv Centers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,733
Median for plans this size$3,635
2024$1,733 per active participant
2023$1,814 per active participant
2022$2,139 per active participant

General Rv Centers, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
MILLIMAN, INC. · Recordkeeping · Loan processing$129,524
CAPTRUST INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$145,564
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)indirect comp
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

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Administrative cost history3
2024$278,882 · 0.39%
2023$253,457 · 0.43%
2022$225,808 · 0.43%
Same employer
Similar plansRetail Trade · Michigan
Victory Automotive Group MI$110.9M · 0.70%
Zeigler Auto Group, Inc. MI$72.9M · 0.70%
Abc Appliance, Inc. MI$69.7M · 0.04%
Awi Holdings, LLC MI$61.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381657119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.