Plan Ledger DOL Form 5500 · updated monthly

Jerry Seiner Chevrolet, Inc.401(k)

JERRY SEINER DEALERSHIPS 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Jerry Seiner Chevrolet, Inc. reported $5,069 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $758 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 0.016% to 0.019%. 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 223rd-largest of 848 plans among Utah employers on file, and the 1,044th of 5,215 in retail trade. In 2024, employees put in $4.05 for every $1.00 the employer contributed; active participation has grown from 536 to 741 since 2022.

Plan summary
Net assets, end of year$29,669,714
Participants with balances330
Active participants741
Employer contributions$561,557
Employee contributions$2,276,289
Employer contribution per active participant$758
Average account balance$89,908
Benefits paid to participants$874,807
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 330 accts · $562K emplr
2023$22.9M · 292 accts · $529K emplr
2022$19.1M · 254 accts · $476K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,069
Total administrative$5,069
The Jerry Seiner Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$758
Median for plans this size$2,416
2024$758 per active participant
2023$759 per active participant
2022$889 per active participant

Jerry Seiner 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,069

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$5,069 · 0.02%
2023$4,019 · 0.02%
2022$3,294 · 0.02%
Similar plansRetail Trade · Utah
Young Chevrolet Company UT$38.9M · 0.35%
Overland West, Inc. UT$36.9M · 0.47%
Les Olson Company, Inc. UT$35.2M · 0.40%
Zagg Incorporated UT$28.2M · 0.12%
Covalent Group, Inc. UT$23.9M · 0.05%
Team Karl Malone UT$23.7M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870361234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.