Plan Ledger DOL Form 5500 · updated monthly

Middletown Nissan Inc401(k)

MIDDLETOWN NISSAN INC 401(K) PROFIT SHARING PLAN & TRUST · NEW HAMPTON, NY · plan year 2023

Reported admin expense ratio · 2023
0.65%

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

Middletown Nissan Inc reported $32,978 in plan administrative expenses for 2023: 0.65% of average plan assets, above the peer median. Employer contributions averaged $182 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 has held roughly steady near 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (4,383rd of 5,648), and 3,617th of 5,215 in retail trade. In 2023, employees put in $7.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,515,560
Participants with balances189
Active participants181
Employer contributions$32,931
Employee contributions$258,305
Employer contribution per active participant$182
Average account balance$29,183
Benefits paid to participants$176,551
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$5.5M · 189 accts · $33K emplr
2022$4.6M · 188 accts · $35K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,360
Investment management$23,618
Total administrative$32,978
The Middletown Nissan Inc 401(k) match · 2023
Employer contribution per active participant$182
Median for plans this size$1,308
2023$182 per active participant
2022$200 per active participant

Middletown Nissan Inc's 2023 employer contribution ran below the $1,308 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 · 20232
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan) · Recordkeeping$23,618
PAYCHEX, INC. · Investment advisory (plan) · Recordkeeping$9,295

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

Administrative cost history3
2024Not separately reported
2023$32,978 · 0.65%
2022$33,740 · 0.66%
Similar plansRetail Trade · New York
Bally Americas Inc. NY$5.7M · 0.03%
Q4 Designs LLC NY$5.6M · 0.48%
Tc Jeep, Inc. NY$5.6M · 0.22%
Stadium Enterprises LLC NY$5.4M · 0.15%
Beekman 1802, Inc. NY$5.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133870990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.