Plan Ledger DOL Form 5500 · updated monthly

Ross Downing Chevrolet, Inc.401(k)

ROSS DOWNING CHEVROLET, INC. 401(K) PLAN · HAMMOND, LA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Ross Downing Chevrolet, Inc. reported $21,496 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $890 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 3 years on file its reported administrative ratio has held roughly steady near 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Louisiana (480th of 884), and 2,914th of 5,215 in retail trade. In 2024, employees put in $6.05 for every $1.00 the employer contributed; active participation has grown from 167 to 198 since 2022.

Plan summary
Net assets, end of year$8,598,181
Participants with balances200
Active participants198
Employer contributions$176,169
Employee contributions$1,065,381
Employer contribution per active participant$890
Average account balance$42,991
Benefits paid to participants$639,976
Plan auditUnmodified (clean) audit opinion
AuditorHHM CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 200 accts · $176K emplr
2023$7.0M · 182 accts · $219K emplr
2022$6.1M · 164 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,496
Total administrative$21,496
The Ross Downing Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$890
Median for plans this size$1,313
2024$890 per active participant
2023$1,143 per active participant
2022$1,316 per active participant

Ross Downing Chevrolet, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$61,680

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$21,496 · 0.28%
2023$19,594 · 0.30%
2022$17,126 · 0.27%
Same employer
Similar plansRetail Trade · Louisiana
Dixie Motors LLC LA$9.5M · 0.09%
Holmes Motors, LLC. LA$9.4M · 0.57%
Sterling Automotive Group LA$9.1M · 0.66%
Shopperschoice.com,L.L.C. LA$6.7M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720702569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.