Plan Ledger DOL Form 5500 · updated monthly

Gerald Nissan of North Aurora, Inc.401(k)

GERALD AUTO GROUP PROFIT SHARING 401(K) PLAN & TRUST · NORTH AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Gerald Nissan of North Aurora, Inc. reported $123,479 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,768 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 0.42% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,147th-largest of 3,702 plans among Illinois employers on file, and the 852nd of 5,215 in retail trade. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 474 to 636 since 2022.

Plan summary
Net assets, end of year$37,032,715
Participants with balances719
Active participants636
Employer contributions$1,124,425
Employee contributions$2,915,574
Employer contribution per active participant$1,768
Average account balance$51,506
Benefits paid to participants$2,534,122
Plan auditUnmodified (clean) audit opinion
AuditorDHJJ, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$37.0M · 719 accts · $1.1M emplr
2023$31.5M · 666 accts · $1.1M emplr
2022$24.8M · 590 accts · $970K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,979
Investment management$32,500
Total administrative$123,479
The Gerald Nissan of North Aurora, Inc. 401(k) match · 2024
Employer contribution per active participant$1,768
Median for plans this size$2,416
2024$1,768 per active participant
2023$1,710 per active participant
2022$2,047 per active participant

Gerald Nissan of North Aurora, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping$90,879
WINTRUST INVESTMENTS, LLC · Investment advisory (plan)$32,500
CHARLES SCHWAB TRUST BANK · Custodial (securities)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
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

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Administrative cost history3
2024$123,479 · 0.36%
2023$113,998 · 0.41%
2022$101,638 · 0.42%
Same employer
Similar plansRetail Trade · Illinois
Barcodes, LLC IL$41.9M · 0.46%
Volvo Sales and Service IL$38.4M · 0.32%
Xeris Pharmaceuticals, Inc. IL$35.8M · 0.22%
Rvr Management Company IL$35.4M · 0.41%
R.P. Lumber Co., Inc. IL$34.6M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364162660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.