Plan Ledger DOL Form 5500 · updated monthly

Malouf Buick-Gmc, Inc.401(k)

MALOUF AUTO GROUP EMPLOYEE SAVINGS PLAN · NORTH BRUNSWICK, NJ · plan year 2022

Reported admin expense ratio · 2022
0.78%

Malouf Buick-Gmc, Inc. reported $69,310 in plan administrative expenses for 2022: 0.78% of average plan assets, above the peer median. 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 (1,660th of 2,419), and 3,062nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$7,928,072
Participants with balances86
Active participants135
Employer contributions—
Employee contributions$496,156
Employer contribution per active participant—
Average account balance$92,187
Benefits paid to participants$449,462
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, PC
Administrative expenses, itemized · 2022
Investment management$69,310
Total administrative$69,310
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$69,310 · 0.78%
Similar plansRetail Trade · New Jersey
Crystal Auto Mall NJ$8.3M · 0.03%
Safeway Enterprises, LLC NJ$8.2M · 0.39%
Douglas Motors Corp. NJ$8.1M · 0.11%
Specialty Rx, Inc. NJ$8.0M · 0.15%
Artistic Tile, Inc. NJ$7.9M · 0.18%
Hamilton Company Jewelers NJ$7.5M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222288990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.