Plan Ledger DOL Form 5500 · updated monthly

Marsh Automotive Group401(k)

MARSH AUTOMOTIVE GROUP 401(K) PLAN & TRUST · TRAVERSE CITY, MI · plan year 2023

Reported admin expense ratio · 2023
0.43%

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

Marsh Automotive Group reported $77,161 in plan administrative expenses for 2023: 0.43% of average plan assets, above the peer median. Employer contributions averaged $684 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 1 year on file its reported administrative ratio rose from 0.39% to 0.43%. 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 the 1,066th-largest of 2,619 plans among Michigan employers on file, and the 1,518th of 5,215 in retail trade. In 2023, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,128,123
Participants with balances221
Active participants311
Employer contributions$212,662
Employee contributions$804,797
Employer contribution per active participant$684
Average account balance$86,553
Benefits paid to participants$1,947,339
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$19.1M · 221 accts · $213K emplr
2022$17.0M · 191 accts · $210K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$31,891
Investment management$37,355
Trustee / custodial$7,360
Total administrative$77,161
The Marsh Automotive Group 401(k) match · 2023
Employer contribution per active participant$684
Median for plans this size$2,440
2023$684 per active participant
2022$679 per active participant

Marsh Automotive Group'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
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Consulting$31,891
CAPTRUST FINANCIAL ADVISORS · Investment advisory (participants)$37,355
CHARLES SCHWAB TRUST BANK · Custodial (securities)$7,915

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

Administrative cost history2
2023$77,161 · 0.43%
2022$76,496 · 0.39%
Similar plansRetail Trade · Michigan
Park West Galleries, Inc. MI$21.3M · 0.35%
Varsity Lincoln Inc MI$19.2M · 0.17%
Crown Motors LTD. MI$18.8M · 0.43%
Village Ford, Inc. MI$17.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383260370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.