Plan Ledger DOL Form 5500 · updated monthly

Petersburg Motor Company, Inc.Stock bonus plan

CMA GROUP QUALIFIED STOCK BONUS PLAN · CHARLOTTESVILLE, VA · plan year 2024

Employer contribution per participant · 2024
$4,632

Petersburg Motor Company, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $46,266,170 across 1,026 participant accounts, with employer contributions averaging $4,632 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 the 523rd-largest of 2,266 plans among Virginia employers on file, and the 693rd of 5,215 in retail trade. active participation has grown from 791 to 910 since 2022.

Plan summary
Net assets, end of year$46,266,170
Participants with balances1,026
Active participants910
Employer contributions$4,215,000
Employee contributions—
Employer contribution per active participant$4,632
Average account balance$45,094
Benefits paid to participants$3,140,855
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.3M · 1,026 accts · $4.2M emplr
2023$39.5M · 1,007 accts · $3.5M emplr
2022$33.0M · 879 accts · $3.6M emplr
Employer contributions to the Petersburg Motor Company, Inc. plan · 2024
Employer contribution per active participant$4,632
Median for plans this size$2,416
2024$4,632 per active participant
2023$3,792 per active participant
2022$4,570 per active participant

Petersburg Motor Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
CMA GROUP QUALIFIED STOCK BONUS PLANStock bonus plan
CMA GROUP SALARY DEFERRAL PLAN401(k)
Same employer
Similar plansRetail Trade · Virginia
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Pohanka Auto West, Inc. VA$43.3M · 0.41%
Priority Automotive Group VA$42.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540338910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.