Plan Ledger DOL Form 5500 · updated monthly

Quantrell Cadillac Inc401(k)

THE QUANTRELL COMPANIES PROFIT SHARING AND THRIFT PLAN · LEXINGTON, KY · plan year 2023

Reported admin expense ratio · 2023
1.68%

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

Quantrell Cadillac Inc reported $62,328 in plan administrative expenses for 2023: 1.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,561 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 1.11% to 1.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Kentucky (689th of 871), and 4,113th of 5,215 in retail trade. In 2023, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,818,134
Participants with balances192
Active participants121
Employer contributions$188,838
Employee contributions$482,594
Employer contribution per active participant$1,561
Average account balance$19,886
Benefits paid to participants$944,260
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SHINE & CO., INC.
Plan history2
Yearassets · accounts · employer contribution
2023$3.8M · 192 accts · $189K emplr
2022$3.6M · 182 accts · $180K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,903
Investment management$24,334
Total administrative$62,328
The Quantrell Cadillac Inc 401(k) match · 2023
Employer contribution per active participant$1,561
Median for plans this size$1,308
2023$1,561 per active participant
2022$1,425 per active participant

Quantrell Cadillac Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$12,429
ANEW 401K TPA LLC · Contract administrator · Recordkeeping$2,612
MERIDIAN WEALTH MANAGEMENT LLC · Investment advisory (plan)$23,097
MESIROW FINANCIAL, INC. · Investment advisory (plan)$698
EMPOWER ADVISORY GROUP, LLC · Investment management$539

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

Administrative cost history2
2023$62,328 · 1.68%
2022$37,140 · 1.11%
Similar plansRetail Trade · Kentucky
Southern Rigging Co. LLC KY$5.9M · 0.47%
Paul Miller Ford, Inc. KY$4.2M · 0.60%
Bill Collins Ford, Inc KY$4.2M · 0.41%
Paducah Ford, Inc. KY$4.1M · 0.19%
McFutures, Inc. KY$3.6M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410758063 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.