Plan Ledger DOL Form 5500 · updated monthly

Golling Chrysler Dodge Jeep Ram Inc401(k)

GOLLING AUTOMOTIVE GROUP 401(K) PLAN · BLOOMFIELD HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Golling Chrysler Dodge Jeep Ram Inc reported $21,119 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,979 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 rose from 0.07% to 0.08%. 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 794th-largest of 2,619 plans among Michigan employers on file, and the 1,056th of 5,215 in retail trade. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,477,865
Participants with balances471
Active participants407
Employer contributions$805,653
Employee contributions$2,018,441
Employer contribution per active participant$1,979
Average account balance$62,586
Benefits paid to participants$1,987,410
Plan auditUnmodified (clean) audit opinion
AuditorJANZ & KNIGHT, P.L.C., CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$29.5M · 471 accts · $806K emplr
2023$25.3M · 460 accts · $773K emplr
2022$20.2M · 435 accts · $532K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,119
Total administrative$21,119
The Golling Chrysler Dodge Jeep Ram Inc 401(k) match · 2024
Employer contribution per active participant$1,979
Median for plans this size$2,416
2024$1,979 per active participant
2023$1,908 per active participant
2022$1,389 per active participant

Golling Chrysler Dodge Jeep Ram 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$124,404

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,119 · 0.08%
2023$16,817 · 0.07%
2022$13,908 · 0.07%
Same employer
Similar plansRetail Trade · Michigan
Liberty Chevrolet, Inc. MI$32.9M · 0.40%
Lowery Corporation MI$30.7M · 0.45%
N.A. Mans & Sons, Inc. MI$28.6M · 0.36%
Lane Automotive Inc. MI$27.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382476725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.