Plan Ledger DOL Form 5500 · updated monthly

Metro Toyota401(k)

METRO TOYOTA, INC. 401(K) RETIREMENT PLAN · BROOK PARK, OH · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Metro Toyota reported $49,339 in plan administrative expenses for 2022: 0.43% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,940 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (1,995th of 3,295), and 2,645th of 5,215 in retail trade. In 2022, employees put in $3.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,906,226
Participants with balances100
Active participants82
Employer contributions$159,077
Employee contributions$591,607
Employer contribution per active participant$1,940
Average account balance$99,062
Benefits paid to participants$1,221,501
Plan auditUnmodified (clean) audit opinion
AuditorAPPLE GROWTH PARTNERS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$49,339
Total administrative$49,339
The Metro Toyota 401(k) match · 2022
Employer contribution per active participant$1,940
Median for plans this size$2,266

Metro Toyota's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$49,339 · 0.43%
Similar plansRetail Trade · Ohio
Icp, Inc. OH$10.6M · 0.59%
Mta Investments, Inc. OH$10.4M · 1.24%
Hissong Group, Inc. OH$10.3M · 0.36%
Pure Romance, LLC OH$9.9M · 0.59%
Remke Markets, Inc. OH$9.8M · 0.45%
Greenwood Chevrolet, Inc. OH$9.6M · 0.04%
Ritz Safety LLC OH$9.6M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341040466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.