Plan Ledger DOL Form 5500 · updated monthly

Gold Coast Motor Cars dba Perillo Bmw, Inc.401(k)

PERILLO EMPLOYEES 401(K) PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Gold Coast Motor Cars dba Perillo Bmw, Inc. reported $22,189 in plan administrative expenses for 2023: 0.21% of average plan assets, below the peer median. Employer contributions averaged $716 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 1 year on file its reported administrative ratio rose from 0.11% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,279th of 3,702), and the 2,392nd of 5,215 in retail trade. In 2023, employees put in $7.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,310,706
Participants with balances93
Active participants126
Employer contributions$90,230
Employee contributions$662,137
Employer contribution per active participant$716
Average account balance$121,620
Benefits paid to participants$599,313
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH CPA LLP
Plan history2
Yearassets · accounts · employer contribution
2023$11.3M · 93 accts · $90K emplr
2022$9.4M · 104 accts · $91K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,189
Total administrative$22,189
The Gold Coast Motor Cars dba Perillo Bmw, Inc. 401(k) match · 2023
Employer contribution per active participant$716
Median for plans this size$2,440
2023$716 per active participant
2022$697 per active participant

Gold Coast Motor Cars dba Perillo Bmw, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CITIGROUP GLOBAL MARKETS, INC. · Investment advisory (plan)$16,292
SHORE TOMPKINS ACTUARIAL RESOURCES · Contract administrator$5,452
CAPITAL GROUP RETIREMENT PLAN SERVI$445

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

Administrative cost history2
2023$22,189 · 0.21%
2022$11,260 · 0.11%
Similar plansRetail Trade · Illinois
Jc Licht, LLC IL$11.6M · 0.71%
American Green, Inc. IL$11.3M · 0.21%
Hickory Farms, LLC IL$11.2M · 0.56%
B2B Industrial Packaging IL$11.1M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363117447 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.