Plan Ledger DOL Form 5500 · updated monthly

McCluskey Chevrolet, Inc.401(k)

MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN · LOVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

McCluskey Chevrolet, Inc. reported $56,185 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $380 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 0.44% to 0.38%. 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 1,533rd-largest of 3,295 plans among Ohio employers on file, and the 1,787th of 5,215 in retail trade. In 2024, employees put in $10.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,237,998
Participants with balances289
Active participants329
Employer contributions$125,155
Employee contributions$1,304,604
Employer contribution per active participant$380
Average account balance$56,187
Benefits paid to participants$631,546
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 289 accts · $125K emplr
2023$13.2M · 254 accts · $106K emplr
2022$10.3M · 210 accts · $117K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,494
Investment management$16,265
Trustee / custodial$3,838
Total administrative$56,185
The McCluskey Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$380
Median for plans this size$2,416
2024$380 per active participant
2023$280 per active participant
2022$352 per active participant

McCluskey Chevrolet, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PENSION CORPORATION OF AMERICA · Contract administrator · Recordkeeping$36,082
MARK J. SCHMERGE, CHFC · Investment advisory (plan)$11,265
ALTA TRUST COMPANY · Investment management$5,000
CHARLES SCHWAB TRUST BANK · Trustee (directed)$3,838

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

Recordkeeper by year2
2024PENSION CORPORATION OF AMERICA
2023PENSION CORPORATION OF AMERICA

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Administrative cost history3
2024$56,185 · 0.38%
2023$48,982 · 0.42%
2022$47,696 · 0.44%
Same employer
Similar plansRetail Trade · Ohio
Ecs Tuning, LLC OH$16.8M · 0.19%
Blue Technologies, Inc. OH$16.3M · 0.41%
Englefield, Inc. OH$16.0M · 0.43%
Valley Ford Truck, Inc. OH$15.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310340690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.