Plan Ledger DOL Form 5500 · updated monthly

International Cars, LTD., Inc.ESOP

INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN · DANVERS, MA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

International Cars, LTD., Inc. reported $74 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,207 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 fell from 0.02% to 0.00%. 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 925th-largest of 2,726 plans among Massachusetts employers on file, and the 931st of 5,215 in retail trade. active participation has grown from 269 to 311 since 2022.

Plan summary
Net assets, end of year$33,947,190
Participants with balances443
Active participants311
Employer contributions$2,552,507
Employee contributions—
Employer contribution per active participant$8,207
Average account balance$76,630
Benefits paid to participants$597,963
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM, SMITH, AND BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$33.9M · 443 accts · $2.6M emplr
2023$25.8M · 408 accts · $963K emplr
2022$17.3M · 377 accts · $724K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74
Total administrative$74
Employer contributions to the International Cars, LTD., Inc. plan · 2024
Employer contribution per active participant$8,207
Median for plans this size$2,416
2024$8,207 per active participant
2023$3,428 per active participant
2022$2,693 per active participant

International Cars, LTD., Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$74 · 0.00%
2023$3,290 · 0.02%
2022$3,269 · 0.02%
All plans at this employer2
INTERNATIONAL CARS, LTD., INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN401(k)
INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansRetail Trade · Massachusetts
Peabody Motor Sports, Inc. MA$38.1M · 0.08%
Princess House, Inc. MA$36.9M · 0.21%
Diesel Direct MA$33.9M · 0.53%
Village Motors, Inc. MA$32.6M · 0.35%
Potpourri Group, Inc. MA$31.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042550058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.