Plan Ledger DOL Form 5500 · updated monthly

Pohanka Auto Center, Inc.401(k)

POHANKA AUTO CENTER, INC. 401(K) PLAN · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Pohanka Auto Center, Inc. reported $66,784 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,654 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 0.34% to 0.63%. 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 Virginia (1,382nd of 2,266), and the 2,414th of 5,215 in retail trade. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has shrunk from 223 to 102 since 2022.

Plan summary
Net assets, end of year$11,191,196
Participants with balances368
Active participants102
Employer contributions$372,741
Employee contributions$855,253
Employer contribution per active participant$3,654
Average account balance$30,411
Benefits paid to participants$1,190,373
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 368 accts · $373K emplr
2023$10.0M · 341 accts · $412K emplr
2022$7.8M · 299 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,867
Investment management$4,009
Total administrative$66,784
The Pohanka Auto Center, Inc. 401(k) match · 2024
Employer contribution per active participant$3,654
Median for plans this size$2,416
2024$3,654 per active participant
2023$1,648 per active participant
2022$1,787 per active participant

Pohanka Auto Center, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20246
NATIONAL AUTOMOBILE DEALERS ASSOC$13,502
EMPOWER ADVISORY GROUP, LLC · Investment management$4,009
CAPFINANCIAL PARTNERS LLC$2,250
NORTHEAST RETIREMENT SERVICES, INC. · Contract administrator$1,407
JPMORGAN INVEST HOLDINGS LLC$100

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$66,784 · 0.63%
2023$37,911 · 0.43%
2022$27,456 · 0.34%
Similar plansRetail Trade · Virginia
Jetcars, Inc VA$12.9M · 0.53%
Berry Enterprises, Inc. VA$12.1M · 0.04%
Foster Fuels, Inc. VA$11.7M · 0.33%
Jerrys Ford Sales, Inc. VA$10.9M · 0.49%
Paxton van Lines, Inc. VA$10.6M · 0.10%
Kerecis, LLC VA$10.4M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541129906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.