Plan Ledger DOL Form 5500 · updated monthly

Paramount Motor Sales, LLC401(k)

PARAMOUNT MOTOR SALES, LLC 401(K) PLAN · HICKORY, NC · plan year 2022

Reported admin expense ratio · 2022
0.18%

Paramount Motor Sales, LLC reported $5,247 in plan administrative expenses for 2022: 0.18% of average plan assets, below the peer median. 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 (1,683rd of 2,005), and 4,410th of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,796,527
Participants with balances82
Active participants247
Employer contributions—
Employee contributions$366,668
Employer contribution per active participant—
Average account balance$34,104
Benefits paid to participants$109,236
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,235
Investment management$12
Total administrative$5,247
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$5,247 · 0.18%
Same employer
Similar plansRetail Trade · North Carolina
Cos Bar USA, Inc. NC$3.1M · 1.02%
R&S Sales, Inc. NC$2.8M · 0.82%
Brock Cabinets, Inc. NC$2.8M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560347990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.