Plan Ledger DOL Form 5500 · updated monthly

Runde Chevrolet, Inc.401(k)

RUNDE CHEVROLET, INC. 401(K) PLAN · EAST DUBUQUE, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Runde Chevrolet, Inc. reported $2,193 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,455 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 0.04% to 0.02%. 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 (2,181st of 3,702), and the 2,220th of 5,215 in retail trade. In 2024, employees put in $2.77 for every $1.00 the employer contributed; active participation has grown from 91 to 102 since 2022.

Plan summary
Net assets, end of year$12,401,807
Participants with balances117
Active participants102
Employer contributions$148,411
Employee contributions$411,520
Employer contribution per active participant$1,455
Average account balance$105,998
Benefits paid to participants$241,707
Plan auditUnmodified (clean) audit opinion
AuditorWOODWARD & ASSOCIATES INC
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 117 accts · $148K emplr
2023$10.7M · 102 accts · $286K emplr
2022$9.1M · 110 accts · $129K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,193
Total administrative$2,193
The Runde Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$1,455
Median for plans this size$2,416
2024$1,455 per active participant
2023$3,013 per active participant
2022$1,419 per active participant

Runde Chevrolet, Inc.'s 2024 employer contribution ran below 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$2,193

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$2,193 · 0.02%
2023$3,133 · 0.03%
2022$4,082 · 0.04%
Same employer
Similar plansRetail Trade · Illinois
Laura Buick - Gmc, Inc. IL$12.7M · 0.48%
Trp Acquisition, Inc. IL$12.5M · 0.49%
Jennings Chevrolet, Inc. IL$12.2M · 0.33%
Semersky Enterprises IL$12.2M · 0.48%
Green Lincoln, Inc. IL$12.1M · 0.65%
Kelley Williamson Company IL$11.9M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364320504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.