Plan Ledger DOL Form 5500 · updated monthly

Mark Christopher Chevrolet Inc401(k)

THE EMPLOYEES 401K PLAN OF MARK CHRISTOPHER CHEVROLET, INC. · ONTARIO, CA · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Mark Christopher Chevrolet Inc reported $12,672 in plan administrative expenses for 2023: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.03% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (4,965th of 9,483), and the 2,269th of 5,215 in retail trade. active participation has shrunk from 306 to 224 since 2022.

Plan summary
Net assets, end of year$12,051,206
Participants with balances150
Active participants224
Employer contributions$0
Employee contributions$617,342
Employer contribution per active participant$0
Average account balance$80,341
Benefits paid to participants$1,919,219
Plan auditUnmodified (clean) audit opinion
AuditorROGERS, CLEM AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 162 accts
2023$12.1M · 150 accts
2022$11.4M · 152 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,895
Investment management$562
Trustee / custodial$215
Total administrative$12,672
The Mark Christopher Chevrolet Inc 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Mark Christopher Chevrolet Inc's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
LPL FINANCIAL · Contract administrator · Investment advisory (plan)$30,484
CMC PENSION PROFESSIONALS · Contract administrator · Investment advisory (plan)$10,170
ERISA FIDUCIARY SERVICES, INC. · Contract administrator · Investment advisory (plan)$6,300

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$70,005 · 0.59%
2023$12,672 · 0.11%
2022$4,151 · 0.03%
Same employer
Similar plansRetail Trade · California
Lumens, Inc. CA$12.5M · 0.60%
Commerce Media Holdings CA$12.4M · 0.12%
Serena & Lily, Inc. CA$12.3M · 0.34%
L.N. Curtis & Sons CA$12.1M · 0.05%
Road Runner Sports, Inc. CA$12.0M · 0.70%
Orgain, LLC CA$12.0M · 0.89%
Ogara Coach Co. LLC CA$11.7M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952546495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.