Plan Ledger DOL Form 5500 · updated monthly

Shea Automotive Group401(k)

SHEA AUTOMOTIVE GROUP 401(K) PLAN · FLINT, MI · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Shea Automotive Group reported $9,086 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (2,333rd of 2,619), and 4,586th of 5,215 in retail trade. In 2022, employees put in $11.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,272,981
Participants with balances65
Active participants149
Employer contributions$34,953
Employee contributions$389,726
Employer contribution per active participant$235
Average account balance$34,969
Benefits paid to participants$305,878
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,086
Total administrative$9,086
The Shea Automotive Group 401(k) match · 2022
Employer contribution per active participant$235
Median for plans this size$1,114

Shea Automotive Group's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,086 · 0.38%
Similar plansRetail Trade · Michigan
Alpena Supermarket, Inc. MI$2.7M · 0.48%
Lover's Lane & Co. MI$2.7M · 0.04%
See, Inc. MI$2.6M · 0.40%
Greyson Clothiers, LLC MI$1.8M · 0.51%
Jack's Fresh Market MI$1.8M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834226217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.