Plan Ledger DOL Form 5500 · updated monthly

Girard Motors, Inc.401(k)

ANTONINO AUTO GROUP 401(K) PLAN · GROTON, CT · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Girard Motors, Inc. reported $19,762 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 1.39% to 1.04%. 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 Connecticut (1,025th of 1,106), and 4,590th of 5,215 in retail trade. active participation has shrunk from 384 to 315 since 2022.

Plan summary
Net assets, end of year$2,255,847
Participants with balances306
Active participants315
Employer contributions$0
Employee contributions$674,276
Employer contribution per active participant$0
Average account balance$7,372
Benefits paid to participants$180,515
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 306 accts
2023$1.5M · 269 accts
2022$806K · 255 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,762
Total administrative$19,762
The Girard Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Girard Motors, Inc.'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.

Service providers · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$3,149
NATIONAL AUTOMOBILE DEALERS ASSOCIA$2,023
CAPFINANCIAL PARTNERS LLC DBA CAPTR$337
NORTHEAST RETIREMENT SERVICES, INC. · Contract administrator$211

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

Administrative cost history3
2024$19,762 · 1.04%
2023$13,678 · 1.17%
2022$7,766 · 1.39%
Same employer
Similar plansRetail Trade · Connecticut
Bristol Supermarket LLC CT$2.7M · 0.58%
Waverly Markets, LLC CT$2.2M · 0.88%
Trackman, Inc. CT$1.8M · 0.03%
Michaels, Inc. CT$1.6M · 0.02%
Express Kitchen, Inc. CT$1.3M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060740017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.