Plan Ledger DOL Form 5500 · updated monthly

Prevost Car a Division of Prevost Car US Inc.401(k)

PREVOST CAR, INC. (A DIVISION OF PREVOST CAR (US) INC.) 401(K) RETIREMENT SAVINGS PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Prevost Car a Division of Prevost Car US Inc. reported $68,255 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $6,276 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 fell from 0.10% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 227th-largest of 2,005 plans among North Carolina employers on file, and the 2,079th of 13,661 in manufacturing. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has shrunk from 649 to 563 since 2022.

Plan summary
Net assets, end of year$88,440,315
Participants with balances811
Active participants563
Employer contributions$3,533,646
Employee contributions$4,285,951
Employer contribution per active participant$6,276
Average account balance$109,051
Benefits paid to participants$10,139,766
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$88.4M · 811 accts · $3.5M emplr
2023$77.9M · 972 accts · $3.4M emplr
2022$65.3M · 960 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,588
Trustee / custodial$6,667
Total administrative$68,255
The Prevost Car a Division of Prevost Car US Inc. 401(k) match · 2024
Employer contribution per active participant$6,276
Median for plans this size$3,635
2024$6,276 per active participant
2023$5,381 per active participant
2022$4,837 per active participant

Prevost Car a Division of Prevost Car US Inc.'s 2024 employer contribution ran above the $3,635 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$52,530
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$5,700
CURCIO WEBB · Consulting$6,667
QDRO CONSULTANTS · Contract administrator$300
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Empower, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Prevost Car a Division of Prevost Car US Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,255 · 0.08%
2023$73,293 · 0.10%
2022$73,326 · 0.10%
Similar plansManufacturing · North Carolina
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Hog Slat, Inc. NC$90.9M · 0.10%
McCreary Modern, Inc. NC$89.5M · 0.10%
Genpak LLC NC$86.8M · 0.26%
Powersecure, Inc. NC$83.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141768147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.