Plan Ledger DOL Form 5500 · updated monthly

Lawrence Automotive, Inc. dba Lawrence Lexus401(k)

HALDEMAN DEALERSHIPS OF NEW JERSEY 401(K) PROFIT SHARING PLAN · HAMILTON, NJ · plan year 2022

Reported admin expense ratio · 2022
0.35%

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

Lawrence Automotive, Inc. dba Lawrence Lexus reported $19,008 in plan administrative expenses for 2022: 0.35% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Jersey (1,880th of 2,419), and 3,786th of 5,215 in retail trade.

Plan summary
Net assets, end of year$4,923,897
Participants with balances89
Active participants149
Employer contributions$0
Employee contributions$450,654
Employer contribution per active participant$0
Average account balance$55,325
Benefits paid to participants$158,392
Plan auditUnmodified (clean) audit opinion
AuditorLAWRENCE F TORNETTA LLC
The Lawrence Automotive, Inc. dba Lawrence Lexus 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Lawrence Automotive, Inc. dba Lawrence Lexus's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,008 · 0.35%
Same employer
Similar plansRetail Trade · New Jersey
Tilton Automotive, LLC NJ$5.2M · 0.38%
Custom Bandag, Inc. NJ$5.1M · 1.41%
Crest Furniture Inc NJ$4.9M · 0.41%
F.C. Kerbeck & Sons NJ$4.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222993420 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.