Plan Ledger DOL Form 5500 · updated monthly

New Country Motor Car Group, Inc.401(k)

NEW COUNTRY MOTOR CAR SALARY DEFERRAL 401(K) PLAN · SARATOGA SPRINGS, NY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

New Country Motor Car Group, Inc. reported $227,802 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $576 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 fell from 0.37% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 919th-largest of 5,648 plans among New York employers on file, and the 427th of 5,215 in retail trade. In 2024, employees put in $10.92 for every $1.00 the employer contributed; active participation has grown from 956 to 1,137 since 2022.

Plan summary
Net assets, end of year$83,900,508
Participants with balances1,293
Active participants1,137
Employer contributions$655,082
Employee contributions$7,152,538
Employer contribution per active participant$576
Average account balance$64,888
Benefits paid to participants$7,334,227
Plan auditUnmodified (clean) audit opinion
AuditorTEAL, BECKER & CHIARAMONTE CPAS PC
Plan history3
Yearassets · accounts · employer contribution
2024$83.9M · 1,293 accts · $655K emplr
2023$72.9M · 1,310 accts · $681K emplr
2022$60.8M · 1,284 accts · $659K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$147,516
Investment management$64,786
Audit (IQPA)$15,500
Total administrative$227,802
The New Country Motor Car Group, Inc. 401(k) match · 2024
Employer contribution per active participant$576
Median for plans this size$3,635
2024$576 per active participant
2023$616 per active participant
2022$690 per active participant

New Country Motor Car Group, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$147,516
WILMINGTON TRUST NATIONAL ASSOC · Investment advisory (plan)$64,786
TEAL BECKER & CHIARA · Accounting / audit$15,500

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

Administrative cost history3
2024$227,802 · 0.29%
2023$201,304 · 0.30%
2022$249,264 · 0.37%
Same employer
Similar plansRetail Trade · New York
Eileen Fisher, Inc. NY$92.9M · 0.07%
Giorgio Armani Corporation NY$86.3M · 0.24%
Burberry Limited NY$85.1M · 0.14%
Aijj Enterprises, Inc NY$81.8M · 0.38%
Warby Parker Inc. NY$74.6M · 0.26%
Gabrielli Truck Sales, LTD NY$74.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141684418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.