Plan Ledger DOL Form 5500 · updated monthly

Service Chevrolet, Inc.401(k)

SERVICE CHEVROLET, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN · LAFAYETTE, LA · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Service Chevrolet, Inc. reported $5,255 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $882 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 0.05% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 306th-largest of 884 plans among Louisiana employers on file, and the 1,768th of 5,215 in retail trade. In 2023, employees put in $3.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,401,383
Participants with balances121
Active participants145
Employer contributions$127,819
Employee contributions$495,849
Employer contribution per active participant$882
Average account balance$135,549
Benefits paid to participants$200,085
Plan auditUnmodified (clean) audit opinion
AuditorDARNALL, SIKES, GARDES & FREDERICK
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 118 accts · $129K emplr
2023$16.4M · 121 accts · $128K emplr
2022$13.8M · 117 accts · $130K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,255
Total administrative$5,255
The Service Chevrolet, Inc. 401(k) match · 2023
Employer contribution per active participant$882
Median for plans this size$2,440
2024$952 per active participant
2023$882 per active participant
2022$853 per active participant

Service Chevrolet, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$73,238

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$4,955 · 0.03%
2023$5,255 · 0.03%
2022$7,045 · 0.05%
Same employer
Similar plansRetail Trade · Louisiana
All Star Dodge, Inc. LA$18.1M · 0.58%
Walker Automotive, Inc. LA$17.3M · 0.44%
Bbp Sales, LLC LA$17.2M · 0.05%
Moody Price, LLC. LA$16.5M · 0.12%
Bensco of Louisiana, LLC LA$14.9M · 0.22%
Banner of N.O., L.L.C. LA$14.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720542501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.