Plan Ledger DOL Form 5500 · updated monthly

Grieco Automotive Management LLC401(k)

GRIECO AUTOMOTIVE MANAGEMENT 401(K) PLAN · DELRAY BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Grieco Automotive Management LLC reported $225,068 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,339 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 0.60% to 0.72%. 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 725th-largest of 3,644 plans among Florida employers on file, and the 910th of 5,215 in retail trade. In 2024, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,689,922
Participants with balances964
Active participants784
Employer contributions$1,833,510
Employee contributions$4,247,349
Employer contribution per active participant$2,339
Average account balance$35,985
Benefits paid to participants$3,675,140
Plan auditUnmodified (clean) audit opinion
AuditorHALLOWELL 401K ASSURANCE
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 964 accts · $1.8M emplr
2023$27.8M · 921 accts · $1.7M emplr
2022$19.7M · 830 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$225,068
Total administrative$225,068
The Grieco Automotive Management LLC 401(k) match · 2024
Employer contribution per active participant$2,339
Median for plans this size$2,416
2024$2,339 per active participant
2023$2,105 per active participant
2022$1,364 per active participant

Grieco Automotive Management LLC'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 · 20242
MERRILL LYNCH · Investment advisory (participants)indirect comp
MERRILL LYNCH · Investment advisory (participants)indirect comp

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$225,068 · 0.72%
2023$198,756 · 0.84%
2022$120,095 · 0.60%
Same employer
Similar plansRetail Trade · Florida
Ldrv Holdings Corp. FL$35.9M · 0.68%
Sunset Automotive Group FL$35.7M · 0.22%
Triangle Auto Center, Inc. FL$35.5M · 0.50%
Rick Case Enterprises, Inc. FL$35.2M · 0.38%
Welldyne Rx FL$32.7M · 0.20%
Mayors Jewelers, Inc. FL$32.0M · 0.20%
Duty Free Americas, Inc. FL$30.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472589306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.