Plan Ledger DOL Form 5500 · updated monthly

Peruzzi Buick Gmc, Inc.401(k)

PERUZZI AUTOMOTIVE GROUP SAVINGS PLAN · FAIRLESS HILLS, PA · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Peruzzi Buick Gmc, Inc. reported $91,488 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 rose from 0.55% to 0.72%. 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 Pennsylvania (1,975th of 3,651), and the 2,072nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$13,523,017
Participants with balances184
Active participants184
Employer contributions$0
Employee contributions$842,028
Employer contribution per active participant$0
Average account balance$73,495
Benefits paid to participants$500,837
Plan auditUnmodified (clean) audit opinion
AuditorVOYNOW BAYARD WHYTE & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 184 accts
2023$11.9M · 185 accts · $340 emplr
2022$11.1M · 199 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,258
Investment management$31,230
Audit (IQPA)$21,000
Total administrative$91,488
The Peruzzi Buick Gmc, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Peruzzi Buick Gmc, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,258
LEGACY ADVISORS LLC · Investment advisory (plan)$31,230
VOYNOW BAYARD WHYTE & CO LLP · Accounting / audit$21,000

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$91,488 · 0.72%
2023$62,812 · 0.55%
2022$65,000 · 0.55%
Same employer
Similar plansRetail Trade · Pennsylvania
Koch Holdings Inc. PA$13.8M · 0.07%
Transteck, Inc PA$13.6M · 0.59%
Martella's Pharmacies PA$13.4M · 0.52%
Woltz & Wind Ford, Inc. PA$13.0M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232284744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.