Plan Ledger DOL Form 5500 · updated monthly

Shaker Auto Group Inc.401(k)

SHAKER AUTO GROUP INC 401(K) PROFIT SHARING PLAN · WATERTOWN, CT · plan year 2024

Reported admin expense ratio · 2024
0.43%

Shaker Auto Group Inc. reported $32,743 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. 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 0.32% to 0.43%. 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 (810th of 1,106), and 3,005th of 5,215 in retail trade. active participation has grown from 242 to 350 since 2022.

Plan summary
Net assets, end of year$8,133,053
Participants with balances333
Active participants350
Employer contributions—
Employee contributions$614,548
Employer contribution per active participant—
Average account balance$24,424
Benefits paid to participants$556,345
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 333 accts
2023$7.2M · 297 accts
2022$5.9M · 188 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,743
Total administrative$32,743
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 · 20242
CAPITAL GROUP RETIREMENT PLAN SERVI$18,383
PASI · Contract administrator$13,686

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

Administrative cost history3
2024$32,743 · 0.43%
2023$24,974 · 0.38%
2022$20,206 · 0.32%
Similar plansRetail Trade · Connecticut
Schaller Auto World, Inc. CT$10.0M · 0.26%
Lorensen Enterprises Inc. CT$8.7M · 0.68%
A-1 Auto Service, Inc. CT$8.1M · 0.11%
Cpc, LLC CT$7.1M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 208277487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.