Plan Ledger DOL Form 5500 · updated monthly

March Hodge Pohanka Chantilly, LLC dba Honda of Chantilly401(k)

MARCH HODGE POHANKA CHANTILLY, LLC DBA HONDA OF CHANTILLY 401(K) PLAN · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

March Hodge Pohanka Chantilly, LLC dba Honda of Chantilly reported $21,454 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $2,034 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 0.32% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Virginia (1,881st of 2,266), and 3,926th of 5,215 in retail trade. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 90 to 112 since 2022.

Plan summary
Net assets, end of year$4,450,011
Participants with balances162
Active participants112
Employer contributions$227,771
Employee contributions$542,590
Employer contribution per active participant$2,034
Average account balance$27,469
Benefits paid to participants$530,631
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 162 accts · $228K emplr
2023$3.8M · 143 accts · $213K emplr
2022$3.7M · 127 accts · $189K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,181
Investment management$1,379
Total administrative$21,454
The March Hodge Pohanka Chantilly, LLC dba Honda of Chantilly 401(k) match · 2024
Employer contribution per active participant$2,034
Median for plans this size$1,313
2024$2,034 per active participant
2023$2,087 per active participant
2022$2,105 per active participant

March Hodge Pohanka Chantilly, LLC dba Honda of Chantilly's 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20246
NATIONAL AUTOMOBILE DEALERS ASSOC$5,338
EMPOWER ADVISORY GROUP, LLC · Investment management$1,379
CAPFINANCIAL PARTNERS LLC$890
NORTHEAST RETIREMENT SERVICES, INC. · Contract administrator$556
JPMORGAN INVEST HOLDINGS LLC$75

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$21,454 · 0.52%
2023$17,605 · 0.47%
2022$12,430 · 0.32%
Similar plansRetail Trade · Virginia
R K Chevrolet, Inc. VA$5.1M · 0.36%
Price Chevrolet Company VA$5.0M · 0.65%
Nelson Automotive Group VA$4.6M · 0.04%
Shades of Light, LLC VA$4.3M · 0.52%
Belfort Furniture Inc. VA$3.8M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461271220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.