Plan Ledger DOL Form 5500 · updated monthly

Raymond Chevrolet, Inc.401(k)

RAY & RAYMOND AUTO GROUP 401(K) PLAN · ANTIOCH, IL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Raymond Chevrolet, Inc. reported $60,220 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $588 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 0.53% to 0.44%. 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 among the smaller plans on file in Illinois (2,000th of 3,702), and the 1,918th of 5,215 in retail trade. In 2024, employees put in $7.57 for every $1.00 the employer contributed; active participation has grown from 223 to 253 since 2022.

Plan summary
Net assets, end of year$14,871,226
Participants with balances211
Active participants253
Employer contributions$148,639
Employee contributions$1,125,211
Employer contribution per active participant$588
Average account balance$70,480
Benefits paid to participants$722,431
Plan auditUnmodified (clean) audit opinion
AuditorLUCIDA
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 211 accts · $149K emplr
2023$12.8M · 244 accts · $170K emplr
2022$10.4M · 201 accts · $165K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,548
Investment management$7,922
Total administrative$60,220
The Raymond Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$588
Median for plans this size$2,416
2024$588 per active participant
2023$691 per active participant
2022$740 per active participant

Raymond Chevrolet, Inc.'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
GLOBAL RETIREMENT PARTNERS LLC$11,750
EMPOWER ADVISORY GROUP, LLC · Investment management$7,922

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

Administrative cost history3
2024$60,220 · 0.44%
2023$49,575 · 0.43%
2022$59,362 · 0.53%
Same employer
Similar plansRetail Trade · Illinois
Graham C-Stores Company IL$15.3M · 0.08%
Murgado Motor Werks LLC IL$14.9M · 0.07%
Highland Park Motors, Inc. IL$14.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362512355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.