Plan Ledger DOL Form 5500 · updated monthly

Haraden Motor Car Corporation401(k)

HARADEN MOTOR CAR CORP. 401(K) RETIREMENT PLAN · SCOTIA, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Haraden Motor Car Corporation reported $75,208 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $655 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 0.37% to 0.42%. 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 2,540th-largest of 5,648 plans among New York employers on file, and the 1,461st of 5,215 in retail trade. In 2024, employees put in $9.87 for every $1.00 the employer contributed; active participation has grown from 233 to 329 since 2022.

Plan summary
Net assets, end of year$19,881,881
Participants with balances350
Active participants329
Employer contributions$215,645
Employee contributions$2,129,285
Employer contribution per active participant$655
Average account balance$56,805
Benefits paid to participants$668,794
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 350 accts · $216K emplr
2023$15.6M · 283 accts · $208K emplr
2022$11.5M · 226 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,308
Total administrative$75,208
The Haraden Motor Car Corporation 401(k) match · 2024
Employer contribution per active participant$655
Median for plans this size$2,416
2024$655 per active participant
2023$663 per active participant
2022$763 per active participant

Haraden Motor Car Corporation'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
HEALTHCARE COMMUNITY SECURITIES CORindirect 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$75,208 · 0.42%
2023$56,192 · 0.41%
2022$44,884 · 0.37%
Same employer
Similar plansRetail Trade · New York
Gagosian Gallery, Inc. NY$20.4M · 0.64%
Orville's Appliance, Inc. NY$20.2M · 0.01%
Ed Herrington, Inc. NY$20.2M · 0.23%
Ganz U.S.A. LLC NY$19.5M · 0.13%
Maxmara USA, Inc. NY$19.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141602363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.