Plan Ledger DOL Form 5500 · updated monthly

Pohanka Auto West, Inc.401(k)

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

Reported admin expense ratio · 2024
0.41%

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

Pohanka Auto West, Inc. reported $162,943 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,616 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 0.32% to 0.41%. 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 547th-largest of 2,266 plans among Virginia employers on file, and the 737th of 5,215 in retail trade. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 420 to 648 since 2022.

Plan summary
Net assets, end of year$43,285,627
Participants with balances821
Active participants648
Employer contributions$1,047,428
Employee contributions$2,576,480
Employer contribution per active participant$1,616
Average account balance$52,723
Benefits paid to participants$1,940,314
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLY US, LP
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 821 accts · $1.0M emplr
2023$37.0M · 611 accts · $948K emplr
2022$29.9M · 571 accts · $844K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,516
Investment management$6,045
Total administrative$162,943
The Pohanka Auto West, Inc. 401(k) match · 2024
Employer contribution per active participant$1,616
Median for plans this size$2,416
2024$1,616 per active participant
2023$2,168 per active participant
2022$2,010 per active participant

Pohanka Auto West, Inc.'s 2024 employer contribution ran below 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$51,969
CAPFINANCIAL PARTNERS LLC$8,661
EMPOWER ADVISORY GROUP, LLC · Investment management$6,045
NORTHEAST RETIREMENT SERVICES, INC. · Contract administrator$5,413
JPMORGAN INVEST HOLDINGS LLC$150

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$162,943 · 0.41%
2023$118,426 · 0.35%
2022$107,988 · 0.32%
Similar plansRetail Trade · Virginia
Page Associates, Inc. VA$49.3M · 0.33%
Five Guys Enterprises LLC VA$43.5M · 0.12%
Priority Automotive Group VA$42.2M · 0.51%
Ourisman Fairfax Toyota VA$42.2M · 0.46%
Ukrop's Super Markets, Inc. VA$39.9M · 0.10%
Tsrc, Inc. VA$39.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541418834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.