Plan Ledger DOL Form 5500 · updated monthly

Loeber Motors, Inc.401(k)

LOEBER MOTORS, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN · LINCOLNWOOD, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Loeber Motors, Inc. reported $22,998 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $4,151 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 fell from 0.25% to 0.14%. 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 1,773rd-largest of 3,702 plans among Illinois employers on file, and the 1,592nd of 5,215 in retail trade. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,370,577
Participants with balances155
Active participants121
Employer contributions$502,288
Employee contributions$1,125,676
Employer contribution per active participant$4,151
Average account balance$118,520
Benefits paid to participants$518,300
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 155 accts · $502K emplr
2023$15.3M · 149 accts · $458K emplr
2022$12.4M · 145 accts · $308K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,998
Total administrative$22,998
The Loeber Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$4,151
Median for plans this size$2,416
2024$4,151 per active participant
2023$3,851 per active participant
2022$2,659 per active participant

Loeber Motors, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$22,999

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$22,998 · 0.14%
2023$11,955 · 0.09%
2022$32,690 · 0.25%
Same employer
Similar plansRetail Trade · Illinois
Europa Eyewear Corporation IL$19.2M · 0.01%
Universal Pool Company, Inc IL$19.1M · 0.27%
Sunset Food Mart, Inc. IL$18.8M · 0.01%
Winston Brands, Inc. IL$18.6M · 0.63%
Heller Ford Sales, Inc. IL$18.0M · 0.49%
Coffman Truck Sales, Inc. IL$18.0M · 0.09%
Dan Wolf Automotive Group IL$17.3M · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362068847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.