Plan Ledger DOL Form 5500 · updated monthly

Schlossmann Automotive Group, Inc.401(k)

SCHLOSSMANN AUTOMOTIVE GROUP, INC. 401(K) PLAN · GREENFIELD, WI · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Schlossmann Automotive Group, Inc. reported $126,919 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,703 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 0.434%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 638th-largest of 1,936 plans among Wisconsin employers on file, and the 368th of 786 in management of companies. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 212 to 237 since 2022.

Plan summary
Net assets, end of year$30,035,010
Participants with balances276
Active participants237
Employer contributions$640,582
Employee contributions$995,029
Employer contribution per active participant$2,703
Average account balance$108,823
Benefits paid to participants$2,476,405
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS S.C
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 276 accts · $641K emplr
2023$28.5M · 287 accts · $668K emplr
2022$24.0M · 292 accts · $603K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,919
Total administrative$126,919
The Schlossmann Automotive Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,703
Median for plans this size$2,416
2024$2,703 per active participant
2023$1,887 per active participant
2022$2,845 per active participant

Schlossmann Automotive Group, Inc.'s 2024 employer contribution ran above 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$104,974
PPG RETIREMENT PLAN SERVICES, LTD. · Recordkeeping · Loan processing$16,153
ENVESTNET RETIREMENT SOLUTIONS LLC · Investment advisory (plan)$5,792

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

Recordkeeper by year2
2024PPG RETIREMENT PLAN SERVICES, LTD., Transamerica
2023PPG RETIREMENT PLAN SERVICES, LTD., Transamerica

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Administrative cost history3
2024$126,919 · 0.43%
2023$112,689 · 0.43%
2022$121,581 · 0.43%
Same employer
Similar plansManagement of Companies · Wisconsin
The Boldt Group Inc WI$146.1M · 0.13%
Vhc, Inc. WI$74.2M · 0.01%
Hendricks Holding Co., Inc. WI$73.6M · 0.33%
W.T. Walker Group, Inc. WI$52.5M · 0.02%
Plank Enterprises, Inc. WI$19.8M · 0.35%
Eponk Group WI$12.6M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391501205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.