Plan Ledger DOL Form 5500 · updated monthly

Piercey Management Services, Inc401(k)

PIERCEY AUTOMOTIVE GROUP 401K PLAN AND TRUST · IRVINE, CA · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Piercey Management Services, Inc reported $7,226 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $744 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 0.14% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 3,179th-largest of 9,483 plans among California employers on file, and the 1,236th of 5,215 in retail trade. In 2023, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,186,168
Participants with balances216
Active participants336
Employer contributions$250,000
Employee contributions$920,050
Employer contribution per active participant$744
Average account balance$111,973
Benefits paid to participants$1,155,886
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 28 accts · $100K emplr
2023$24.2M · 216 accts · $250K emplr
2022$21.0M · 216 accts · $300K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,400
Investment management$3,226
Total administrative$7,226
The Piercey Management Services, Inc 401(k) match · 2023
Employer contribution per active participant$744
Median for plans this size$2,440
2024$431 per active participant
2023$744 per active participant
2022$915 per active participant

Piercey Management Services, Inc's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$7,226

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$14,741 · 0.09%
2023$7,226 · 0.03%
2022$45,444 · 0.14%
Same employer
Similar plansRetail Trade · California
Stanislaus Farm Supply CA$24.9M · 0.37%
Berberian Enterprises, Inc. CA$24.8M · 0.64%
Pet Food Express, LLC CA$24.0M · 0.41%
Jeromes Furniture Warehouse CA$23.8M · 0.47%
Walnut Creek Ford, Inc. CA$23.7M · 0.27%
Alto Pharmacy, LLC CA$23.7M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330640459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.