Plan Ledger DOL Form 5500 · updated monthly

Pei401(k)

PEI DOWNEAST TOYOTA 401(K) RETIREMENT PLAN · BREWER, ME · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Pei reported $28,018 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $597 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 0.29% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maine (204th of 354), and the 2,244th of 5,215 in retail trade. In 2024, employees put in $8.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,191,035
Participants with balances114
Active participants133
Employer contributions$79,463
Employee contributions$664,955
Employer contribution per active participant$597
Average account balance$106,939
Benefits paid to participants$700,485
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 114 accts · $79K emplr
2023$10.5M · 108 accts · $76K emplr
2022$9.0M · 112 accts · $74K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,018
Total administrative$28,018
The Pei 401(k) match · 2024
Employer contribution per active participant$597
Median for plans this size$2,416
2024$597 per active participant
2023$586 per active participant
2022$595 per active participant

Pei's 2024 employer contribution ran below the $2,416 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
COMMONWEALTH EQUITY SERVICES · Investment advisory (plan)$17,270
BERRY DUNN MCNEIL AND PARKER · Accounting / audit$11,200

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$28,018 · 0.25%
2023$31,092 · 0.32%
2022$27,939 · 0.29%
Similar plansRetail Trade · Maine
Bill Dodge Auto Group, Inc. ME$15.4M · 0.29%
Dsr Auto Management LLC ME$13.2M · 0.62%
Goodwin's Chevrolet Company ME$13.1M · 0.64%
Colby and Gale, Inc. ME$10.2M · 0.69%
R H Reny Inc ME$9.5M · 0.43%
V.I.P, Inc. ME$9.3M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010420117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.