Plan Ledger DOL Form 5500 · updated monthly

Sheehy Auto Stores, Inc.401(k)

THE SHEEHY ORGANIZATION 401(K) SAVINGS PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Sheehy Auto Stores, Inc. reported $393,411 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,213 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 0.40% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 224th-largest of 2,266 plans among Virginia employers on file, and the 295th of 5,215 in retail trade. In 2024, employees put in $2.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$130,578,696
Participants with balances2,364
Active participants1,711
Employer contributions$3,786,695
Employee contributions$10,101,564
Employer contribution per active participant$2,213
Average account balance$55,236
Benefits paid to participants$8,559,110
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$130.6M · 2,364 accts · $3.8M emplr
2023$108.7M · 2,316 accts · $4.4M emplr
2022$84.8M · 2,211 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$284,743
Investment management$108,668
Total administrative$393,411
The Sheehy Auto Stores, Inc. 401(k) match · 2024
Employer contribution per active participant$2,213
Median for plans this size$3,635
2024$2,213 per active participant
2023$2,780 per active participant
2022$2,421 per active participant

Sheehy Auto Stores, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
ADP, INC. · Loan processing · Recordkeeping$256,689
CETERA INVESTMENT ADVISERS LLC · Recordkeeping · Trustee$57,218
JAMES A. REICHERT · Recordkeeping · Trustee$52,203
BAKER TILLY US, LLP · Recordkeeping · Trustee$13,650
ADP BROKER-DEALERindirect 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, BAKER TILLY US, LLP, CETERA INVESTMENT ADVISERS LLC, JAMES A. REICHERT
2023ADP, BAKER TILLY US, LLP, JAMES A. REICHERT

This plan has changed recordkeepers within these filings. If you left Sheehy Auto Stores, 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$393,411 · 0.33%
2023$358,015 · 0.37%
2022$358,806 · 0.40%
Similar plansRetail Trade · Virginia
Dollar Tree, Inc. VA$979.1M · 0.15%
K-Va-T-Food Stores, Inc. VA$191.3M · 0.18%
Lidl US, LLC VA$120.1M · 0.34%
Crutchfield Corporation VA$81.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541952240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.