Plan Ledger DOL Form 5500 · updated monthly

Lee Johnson Chevrolet, Inc.401(k)

LEE JOHNSON CHEVROLET, INC. 401(K) PLAN · KIRKLAND, WA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Lee Johnson Chevrolet, Inc. reported $45,659 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $546 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 3 years on file its reported administrative ratio has held roughly steady near 0.39%. 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 Washington (964th of 1,714), and the 2,248th of 5,215 in retail trade. In 2024, employees put in $8.31 for every $1.00 the employer contributed; active participation has grown from 178 to 225 since 2022.

Plan summary
Net assets, end of year$12,181,094
Participants with balances248
Active participants225
Employer contributions$122,902
Employee contributions$1,021,850
Employer contribution per active participant$546
Average account balance$49,117
Benefits paid to participants$2,053,126
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 248 accts · $123K emplr
2023$11.4M · 233 accts · $123K emplr
2022$9.2M · 189 accts · $97K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,949
Investment management$21,710
Total administrative$45,659
The Lee Johnson Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$546
Median for plans this size$2,416
2024$546 per active participant
2023$685 per active participant
2022$543 per active participant

Lee Johnson 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
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$21,710
LPL FINANCIAL LLCindirect 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$45,659 · 0.39%
2023$38,682 · 0.38%
2022$38,323 · 0.38%
Same employer
Similar plansRetail Trade · Washington
Shaub-Ellison Company WA$12.7M · 0.44%
Subaru of Puyallup, Inc. WA$12.5M · 0.23%
Miller-Nicholson Inc. WA$12.2M · 0.19%
Tacoma Subaru, Inc. WA$11.2M · 0.68%
Community Food Cooperative WA$11.2M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910817749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.