Plan Ledger DOL Form 5500 · updated monthly

Preston Chevrolet-Cardillac Inc.401(k)

PRESTON CHEVROLET-CADILLAC INC. 401(K) PLAN · BURTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Preston Chevrolet-Cardillac Inc. reported $61,822 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,903 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 0.25% to 0.46%. 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 1,642nd-largest of 3,295 plans among Ohio employers on file, and the 1,958th of 5,215 in retail trade. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,475,661
Participants with balances227
Active participants172
Employer contributions$499,352
Employee contributions$1,051,010
Employer contribution per active participant$2,903
Average account balance$63,769
Benefits paid to participants$1,187,684
Plan auditUnmodified (clean) audit opinion
AuditorHD DAVIS CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 227 accts · $499K emplr
2023$12.6M · 213 accts · $511K emplr
2022$10.0M · 205 accts · $529K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,482
Investment management$33,340
Total administrative$61,822
The Preston Chevrolet-Cardillac Inc. 401(k) match · 2024
Employer contribution per active participant$2,903
Median for plans this size$2,416
2024$2,903 per active participant
2023$2,988 per active participant
2022$3,168 per active participant

Preston Chevrolet-Cardillac 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$28,482
CBIZ INVESTMENT ADVISORY SERVICE · Investment advisory (plan)$33,340

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$61,822 · 0.46%
2023$23,479 · 0.21%
2022$25,785 · 0.25%
Same employer
Similar plansRetail Trade · Ohio
Dave White Chevrolet, Inc. OH$15.0M · 0.66%
Kerry Ford Inc OH$15.0M · 0.57%
Brondes Ford, Inc. OH$14.7M · 0.49%
Thirty-One Gifts, LLC OH$14.5M · 0.04%
Wayside Furniture Inc. OH$14.4M · 0.05%
Shrader Tire and Oil Inc OH$14.2M · 0.42%
American Retail Corporation OH$13.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341715009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.