Plan Ledger DOL Form 5500 · updated monthly

Harold Gwatney Chevrolet Company401(k)

PROFIT SHARING RETIREMENT PLAN OF HAROLD GWATNEY CHEVROLET COMPANY · JACKSONVILLE, AR · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Harold Gwatney Chevrolet Company reported $32,646 in plan administrative expenses for 2023: 0.46% of average plan assets, below the peer median. Employer contributions averaged $446 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 fell from 0.49% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Arkansas (256th of 456), and 3,109th of 5,215 in retail trade. In 2023, employees put in $5.63 for every $1.00 the employer contributed; active participation has grown from 215 to 240 since 2022.

Plan summary
Net assets, end of year$7,745,507
Participants with balances143
Active participants240
Employer contributions$107,057
Employee contributions$602,630
Employer contribution per active participant$446
Average account balance$54,164
Benefits paid to participants$207,945
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $58K emplr
2023$7.7M · 143 accts · $107K emplr
2022$6.4M · 133 accts · $97K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,370
Investment management$31,276
Total administrative$32,646
The Harold Gwatney Chevrolet Company 401(k) match · 2023
Employer contribution per active participant$446
Median for plans this size$1,308
2023$446 per active participant
2022$453 per active participant

Harold Gwatney Chevrolet Company's 2023 employer contribution ran below the $1,308 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 · 20232
MWG RETIREMENT PLAN SERVICES · Recordkeeping$1,370
BALLEW ADVISORS · Investment advisory (plan)$31,276

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

Recordkeeper by year2
2024MWG RETIREMENT PLAN SERVICES
2023MWG RETIREMENT PLAN SERVICES

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Administrative cost history3
2024Not separately reported
2023$32,646 · 0.46%
2022$33,805 · 0.49%
Same employer
Similar plansRetail Trade · Arkansas
Hays Food Town, Inc. AR$9.8M · 0.35%
W.P. Malone, Inc. AR$8.6M · 0.04%
Ges, Inc. AR$7.8M · 0.61%
Smart Chevrolet Co. AR$7.4M · 0.63%
Hays Food Town, Inc. AR$7.2M · 0.39%
Lewis Management, Inc. AR$6.6M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710301575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.