Plan Ledger DOL Form 5500 · updated monthly

Pohanka Oldsmobile Gmc401(k)

POHANKA OLDSMOBILE GMC 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 Oldsmobile Gmc reported $61,490 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,760 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 0.31% 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 among the smaller plans on file in Virginia (1,140th of 2,266), and the 1,811th of 5,215 in retail trade. In 2024, employees put in $2.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,970,464
Participants with balances216
Active participants159
Employer contributions$279,880
Employee contributions$746,068
Employer contribution per active participant$1,760
Average account balance$73,937
Benefits paid to participants$746,755
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 216 accts · $280K emplr
2023$14.1M · 202 accts · $276K emplr
2022$12.3M · 187 accts · $280K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,648
Investment management$1,864
Total administrative$61,490
The Pohanka Oldsmobile Gmc 401(k) match · 2024
Employer contribution per active participant$1,760
Median for plans this size$2,416
2024$1,760 per active participant
2023$1,817 per active participant
2022$1,635 per active participant

Pohanka Oldsmobile Gmc'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$19,905
CAPFINANCIAL PARTNERS LLC$3,317
NORTHEAST RETIREMENT SERVICES, INC. · Contract administrator$2,073
EMPOWER ADVISORY GROUP, LLC · Investment management$1,864
JPMORGAN INVEST HOLDINGS LLC$60

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$61,490 · 0.41%
2023$49,003 · 0.37%
2022$42,341 · 0.31%
Same employer
Similar plansRetail Trade · Virginia
Beach Ford, Inc. VA$18.6M · 0.28%
Radley Imports Incorporated VA$17.2M · 0.55%
Extended Service Corp. VA$17.0M · 0.24%
Berglund Management Group VA$16.8M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521243089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.