Plan Ledger DOL Form 5500 · updated monthly

Gregg Young Chevrolet, Inc.401(k)

GREGG YOUNG AUTOMOTIVE GROUP 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
1.06%

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

Gregg Young Chevrolet, Inc. reported $148,644 in plan administrative expenses for 2024: 1.06% of average plan assets, higher than ~90% of peers. Employer contributions averaged $707 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 0.70% to 1.06%. 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 among the smaller plans on file in Nebraska (293rd of 565), and the 1,817th of 5,215 in retail trade. In 2024, employees put in $6.08 for every $1.00 the employer contributed; active participation has grown from 259 to 447 since 2022.

Plan summary
Net assets, end of year$15,918,187
Participants with balances476
Active participants447
Employer contributions$315,893
Employee contributions$1,920,829
Employer contribution per active participant$707
Average account balance$33,442
Benefits paid to participants$683,538
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 476 accts · $316K emplr
2023$12.1M · 392 accts · $259K emplr
2022$7.5M · 234 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$148,644
Total administrative$148,644
The Gregg Young Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$707
Median for plans this size$2,416
2024$707 per active participant
2023$662 per active participant
2022$774 per active participant

Gregg Young Chevrolet, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
WEALTHPLAN PARTNERS, INC. · Investment advisory (participants)$49,227

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$148,644 · 1.06%
2023$101,298 · 1.03%
2022$54,096 · 0.70%
Same employer
Similar plansRetail Trade · Nebraska
Omaha Track, Inc. NE$17.7M · 0.50%
Builders Warehouse, Inc. NE$17.2M · 0.33%
Exchange Company NE$16.9M · 0.52%
Nebraskaland Tire, Inc. NE$16.1M · 0.12%
Aai, Inc. NE$13.7M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470528470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.