Plan Ledger DOL Form 5500 · updated monthly

Niles Management Group, LLC dba Marburger Automotive Group401(k)

MARBURGER AUTOMOTIVE GROUP RETIREMENT PLAN · CONCORD, NC · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Niles Management Group, LLC dba Marburger Automotive Group reported $1,584 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $711 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in North Carolina (1,619th of 2,005), and 4,232nd of 5,215 in retail trade. In 2022, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,419,115
Participants with balances53
Active participants121
Employer contributions$86,032
Employee contributions$241,440
Employer contribution per active participant$711
Average account balance$64,512
Benefits paid to participants$48,438
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$763
Investment management$821
Total administrative$1,584
The Niles Management Group, LLC dba Marburger Automotive Group 401(k) match · 2022
Employer contribution per active participant$711
Median for plans this size$1,114

Niles Management Group, LLC dba Marburger Automotive Group's 2022 employer contribution ran below the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,584 · 0.05%
Same employer
Similar plansRetail Trade · North Carolina
Moog Music, Inc. NC$3.9M · 0.98%
Li'l Thrift Food Marts NC$3.7M · 0.74%
Cos Bar USA, Inc. NC$3.1M · 1.02%
R&S Sales, Inc. NC$2.8M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561927971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.