Plan Ledger DOL Form 5500 · updated monthly

Premier Automotive Management, LLC401(k)

PREMIER AUTOMOTIVE RETIREMENT PLAN · NEW ORLEANS, LA · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Premier Automotive Management, LLC reported $53,529 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $651 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is the 227th-largest of 884 plans among Louisiana employers on file, and the 1,290th of 5,215 in retail trade. In 2022, employees put in $5.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,230,519
Participants with balances1,453
Active participants1,555
Employer contributions$1,012,069
Employee contributions$5,169,020
Employer contribution per active participant$651
Average account balance$15,988
Benefits paid to participants$2,251,405
Plan auditUnmodified (clean) audit opinion
AuditorDYESS AND ASSOCIATES A CORP OF CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$53,529
Total administrative$53,529
The Premier Automotive Management, LLC 401(k) match · 2022
Employer contribution per active participant$651
Median for plans this size$2,266

Premier Automotive Management, LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$53,529 · 0.23%
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%
Stine, LLC dba Stine Lumber LA$19.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721307158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.