Plan Ledger DOL Form 5500 · updated monthly

Motor Werks of Barrington, Inc.401(k)

MOTOR WERKS OF BARRINGTON, INC. 401(K) PLAN · BARRINGTON, IL · plan year 2022

Reported admin expense ratio · 2022
0.06%

Motor Werks of Barrington, Inc. reported $8,612 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. 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 Illinois (2,179th of 3,702), and the 2,219th of 5,215 in retail trade.

Plan summary
Net assets, end of year$12,410,036
Participants with balances330
Active participants291
Employer contributions—
Employee contributions$1,964,323
Employer contribution per active participant—
Average account balance$37,606
Benefits paid to participants$2,109,772
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,612
Total administrative$8,612
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$8,612 · 0.06%
Similar plansRetail Trade · Illinois
K. C. Summers, Inc. IL$12.8M · 0.30%
Laura Buick - Gmc, Inc. IL$12.7M · 0.48%
Trp Acquisition, Inc. IL$12.5M · 0.49%
Runde Chevrolet, Inc. IL$12.4M · 0.02%
Jennings Chevrolet, Inc. IL$12.2M · 0.33%
Semersky Enterprises IL$12.2M · 0.48%
Green Lincoln, Inc. IL$12.1M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363081226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.