Plan Ledger DOL Form 5500 · updated monthly

Schaller Auto World, Inc.401(k)

SCHALLER AUTO WORLD, INC. SALARY DEFERRAL 401(K) PROFIT SHARING P · NEW BRITAIN, CT · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Schaller Auto World, Inc. reported $24,655 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,235 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 rose from 0.14% to 0.26%. 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 Connecticut (753rd of 1,106), and 2,620th of 5,215 in retail trade. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,024,567
Participants with balances130
Active participants92
Employer contributions$297,660
Employee contributions$547,268
Employer contribution per active participant$3,235
Average account balance$77,112
Benefits paid to participants$575,033
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 130 accts · $298K emplr
2023$8.7M · 119 accts · $276K emplr
2022$7.5M · 115 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,623
Investment management$18,032
Total administrative$24,655
The Schaller Auto World, Inc. 401(k) match · 2024
Employer contribution per active participant$3,235
Median for plans this size$1,313
2024$3,235 per active participant
2023$2,935 per active participant
2022$2,265 per active participant

Schaller Auto World, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$18,031
ADP, INC. · Loan processing · Recordkeeping$6,623
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Bank of America / Merrill
2023ADP

This plan has changed recordkeepers within these filings. If you left Schaller Auto World, 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$24,655 · 0.26%
2023$13,946 · 0.17%
2022$11,252 · 0.14%
Similar plansRetail Trade · Connecticut
Dan Perkins Subaru, Inc. CT$10.4M · 0.63%
Lorensen Enterprises Inc. CT$8.7M · 0.68%
Shaker Auto Group Inc. CT$8.1M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 060679192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.