Plan Ledger DOL Form 5500 · updated monthly

Jim Riehl's Friendly Chrysler Jeep, Inc.401(k)

JIM RIEHL'S FRIENDLY AUTO GROUP 401(K) PLAN · WARREN, MI · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Jim Riehl's Friendly Chrysler Jeep, Inc. reported $14,182 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $944 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 0.07% to 0.09%. 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 1,215th-largest of 2,619 plans among Michigan employers on file, and the 1,829th of 5,215 in retail trade. In 2024, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,788,635
Participants with balances183
Active participants268
Employer contributions$253,039
Employee contributions$877,539
Employer contribution per active participant$944
Average account balance$86,277
Benefits paid to participants$1,446,431
Plan auditUnmodified (clean) audit opinion
AuditorREHMAN ROBSON
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 183 accts · $253K emplr
2023$14.6M · 190 accts · $269K emplr
2022$13.6M · 197 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,212
Investment management$12,970
Total administrative$14,182
The Jim Riehl's Friendly Chrysler Jeep, Inc. 401(k) match · 2024
Employer contribution per active participant$944
Median for plans this size$2,416
2024$944 per active participant
2023$1,011 per active participant
2022$1,102 per active participant

Jim Riehl's Friendly Chrysler Jeep, 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
EMPOWER ADVISORY GROUP · Investment management$10,708
NORTHWESTERN MUTUAL INVESTMENT SVCSindirect 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$14,182 · 0.09%
2023$10,488 · 0.07%
2022$9,853 · 0.07%
Similar plansRetail Trade · Michigan
Kool Chevrolet Inc. MI$16.3M · 0.21%
Hank Graff Chevrolet, Inc. MI$16.3M · 0.49%
Southgate Automotive, Inc. MI$15.9M · 0.03%
Air Lift Company MI$15.0M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382767413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.