Plan Ledger DOL Form 5500 · updated monthly

Jeff Belzers Todd Chevrolet, Inc.401(k)

JEFF BELZER 401(K) PLAN · LAKEVILLE, MN · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Jeff Belzers Todd Chevrolet, Inc. reported $75,720 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $135 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 0.77% to 0.64%. 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 Minnesota (1,167th of 1,918), and the 2,191st of 5,215 in retail trade. In 2024, employees put in $41.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,625,333
Participants with balances259
Active participants222
Employer contributions$29,947
Employee contributions$1,234,913
Employer contribution per active participant$135
Average account balance$48,746
Benefits paid to participants$1,140,894
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 259 accts · $30K emplr
2023$11.0M · 255 accts · $26K emplr
2022$8.7M · 237 accts · $199K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,720
Total administrative$75,720
The Jeff Belzers Todd Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$135
Median for plans this size$2,416
2024$135 per active participant
2023$114 per active participant
2022$936 per active participant

Jeff Belzers Todd 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 · 20243
ASCENSUS LLC · Recordkeeping$22,866
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$41,854
MAHONEY CPAS · Accounting / audit$11,000

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$75,720 · 0.64%
2023$75,424 · 0.77%
2022$69,923 · 0.77%
Same employer
Similar plansRetail Trade · Minnesota
Driessen Water, Inc. MN$13.1M · 0.58%
Fury Motors, Inc. MN$12.8M · 0.02%
Fun.com, Inc. MN$12.3M · 0.42%
Twin Cities Co-Op Partners MN$12.3M · 0.63%
Valley Sales, Inc. MN$12.0M · 0.07%
Kiltie Corporation MN$11.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411385667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.