Plan Ledger DOL Form 5500 · updated monthly

Liberty Auto Group, LTD.401(k)

LIBERTY AUTO GROUP, LTD. 401(K) PLAN · MAPLE HEIGHTS, OH · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Liberty Auto Group, LTD. reported $167,589 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $885 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 0.64% to 0.71%. 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 1,130th-largest of 3,295 plans among Ohio employers on file, and the 1,212th of 5,215 in retail trade. In 2024, employees put in $4.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,796,772
Participants with balances409
Active participants374
Employer contributions$331,062
Employee contributions$1,491,698
Employer contribution per active participant$885
Average account balance$60,628
Benefits paid to participants$2,135,945
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 409 accts · $331K emplr
2023$22.3M · 465 accts · $351K emplr
2022$19.5M · 457 accts · $351K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,958
Investment management$79,231
Audit (IQPA)$16,400
Total administrative$167,589
The Liberty Auto Group, LTD. 401(k) match · 2024
Employer contribution per active participant$885
Median for plans this size$2,416
2024$885 per active participant
2023$896 per active participant
2022$948 per active participant

Liberty Auto Group, LTD.'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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$71,958
KESTRA ADVISORY SERVICES, LLC · Consulting · Investment advisory (plan)$79,231
REA & ASSOCIATES · Accounting / audit$16,400

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$167,589 · 0.71%
2023$143,299 · 0.69%
2022$133,393 · 0.64%
Similar plansRetail Trade · Ohio
McPc Holdings, Inc. OH$29.9M · 0.43%
Campbell Oil Company, Inc. OH$26.2M · 0.32%
Vandevere, Inc. OH$24.9M · 0.25%
Mars Electric Company OH$24.2M · 0.38%
Fred Martin Motor Company OH$22.7M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341926108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.