Plan Ledger DOL Form 5500 · updated monthly

Nelson Automotive Group401(k)

NELSON AUTOMOTIVE GROUP 401(K) PLAN · MARTINSVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

Nelson Automotive Group reported $1,830 in plan administrative expenses for 2024: 0.04% 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.

Across the 2 years on file its reported administrative ratio fell from 0.07% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Virginia (1,872nd of 2,266), and 3,878th of 5,215 in retail trade. active participation has grown from 72 to 99 since 2022.

Plan summary
Net assets, end of year$4,627,110
Participants with balances109
Active participants99
Employer contributions—
Employee contributions$184,394
Employer contribution per active participant—
Average account balance$42,451
Benefits paid to participants$268,745
Plan auditUnmodified (clean) audit opinion
AuditorFOTI, FLYNN, LOWEN & CO
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 109 accts
2023$4.3M · 111 accts
2022$3.6M · 111 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,830
Total administrative$1,830
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 · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$1,830

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$1,830 · 0.04%
2023$2,158 · 0.05%
2022$2,719 · 0.07%
Similar plansRetail Trade · Virginia
Grand Brands LLC VA$5.3M · 0.17%
R K Chevrolet, Inc. VA$5.1M · 0.36%
Price Chevrolet Company VA$5.0M · 0.65%
Shades of Light, LLC VA$4.3M · 0.52%
Belfort Furniture Inc. VA$3.8M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 540989898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.