Plan Ledger DOL Form 5500 · updated monthly

Parc Auto LLC401(k)

PARC AUTO GROUP RETIREMENT PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Parc Auto LLC reported $675 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $845 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 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Kentucky (796th of 871), and 2,959th of 3,341 in other services. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,530,541
Participants with balances122
Active participants90
Employer contributions$76,040
Employee contributions$94,372
Employer contribution per active participant$845
Average account balance$12,545
Benefits paid to participants$896,424
Plan auditUnmodified (clean) audit opinion
AuditorCHERRY BEKAERT ADVISORY LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$675
Total administrative$675
The Parc Auto LLC 401(k) match · 2024
Employer contribution per active participant$845
Median for plans this size$1,313

Parc Auto LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$675

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

Administrative cost history1
2024$675 · 0.04%
Similar plansOther Services · Kentucky
Aegis Sortation LLC KY$4.0M · 0.06%
Teca, Inc. KY$1.8M
Sanden, Inc. KY$1.7M · 0.01%
Transitions Incorporated KY$963K · 1.29%
Kech Inc KY$692K · 2.59%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 922817125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.