Plan Ledger DOL Form 5500 · updated monthly

Milosch's Palace Chrysler Jeep Dodge, Inc.401(k)

MILOSCH'S PALACE CHRYSLER JEEP DODGE, INC. 401(K) PLAN & TRUST · LAKE ORION, MI · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Milosch's Palace Chrysler Jeep Dodge, Inc. reported $35,873 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $349 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 0.555%. 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 Michigan (1,830th of 2,619), and 3,331st of 5,215 in retail trade. In 2023, employees put in $10.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,658,193
Participants with balances103
Active participants140
Employer contributions$48,883
Employee contributions$524,957
Employer contribution per active participant$349
Average account balance$64,643
Benefits paid to participants$1,325,116
Plan auditUnmodified (clean) audit opinion
AuditorJANZ AND KNIGHT, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$6.7M · 103 accts · $49K emplr
2022$6.3M · 104 accts · $63K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,740
Investment management$29,133
Total administrative$35,873
The Milosch's Palace Chrysler Jeep Dodge, Inc. 401(k) match · 2023
Employer contribution per active participant$349
Median for plans this size$1,308
2023$349 per active participant
2022$463 per active participant

Milosch's Palace Chrysler Jeep Dodge, 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 · 20233
MILLIMAN, INC. · Recordkeeping · Loan processing$9,309
CAPTRUST INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$29,133
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$35,873 · 0.56%
2022$36,468 · 0.56%
Same employer
Similar plansRetail Trade · Michigan
Sellers Automotive, Inc. MI$6.8M · 0.61%
Jays Outdoors LLC MI$6.8M · 0.57%
Leppink's, Inc. MI$6.7M · 0.71%
Burt Watson Chevrolet Inc MI$6.5M · 0.64%
Taylor Ford, Inc. MI$6.3M · 0.16%
Muskegon Car Credit, Inc. MI$6.3M · 0.64%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383293685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.