Plan Ledger DOL Form 5500 · updated monthly

Premier Automotive Management, LLC401(k)

PREMIER AUTOMOTIVE RETIREMENT PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Premier Automotive Management, LLC reported $85,077 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $465 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 1 year on file its reported administrative ratio rose from 0.24% to 0.25%. 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 166th-largest of 884 plans among Louisiana employers on file, and the 854th of 5,215 in retail trade. In 2024, employees put in $6.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,031,870
Participants with balances1,850
Active participants1,841
Employer contributions$856,754
Employee contributions$5,648,436
Employer contribution per active participant$465
Average account balance$20,017
Benefits paid to participants$3,831,605
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$37.0M · 1,850 accts · $857K emplr
2023$30.8M · 1,746 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,460
Investment management$617
Total administrative$85,077
The Premier Automotive Management, LLC 401(k) match · 2024
Employer contribution per active participant$465
Median for plans this size$2,416
2024$465 per active participant
2023$634 per active participant

Premier Automotive Management, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$84,460
STABILITY FINANCIAL LLC · Investment advisory (plan)$617
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$85,077 · 0.25%
2023$64,310 · 0.24%
Same employer
Similar plansRetail Trade · Louisiana
Price Leblanc, L.C. LA$51.8M · 0.01%
Rouse's Enterprises, L.L.C. LA$39.0M · 0.28%
Red Ball Oxygen Co., Inc. LA$21.0M · 0.03%
Southeast Foods LLC LA$19.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371461872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.