Plan Ledger DOL Form 5500 · updated monthly

Sons Bavarian LLC dba Bmw/Mini of South Atlanta401(k)

SONS BAVARIAN LLC DBA BMW/MINI OF SOUTH ATLANTA 401(K) PLAN · MCDONAUGH, GA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Sons Bavarian LLC dba Bmw/Mini of South Atlanta reported $10,250 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $309 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 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 Georgia (1,862nd of 2,160), and 4,457th of 5,215 in retail trade. In 2024, employees put in $10.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,696,442
Participants with balances105
Active participants99
Employer contributions$30,602
Employee contributions$319,786
Employer contribution per active participant$309
Average account balance$25,680
Benefits paid to participants$201,597
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 105 accts · $31K emplr
2023$2.1M · 112 accts · $25K emplr
2022$1.7M · 106 accts · $21K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,250
Total administrative$10,250
The Sons Bavarian LLC dba Bmw/Mini of South Atlanta 401(k) match · 2024
Employer contribution per active participant$309
Median for plans this size$1,313
2024$309 per active participant
2023$252 per active participant
2022$205 per active participant

Sons Bavarian LLC dba Bmw/Mini of South Atlanta's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NORTHEAST RETIREMENT SERVICES, INC. · Contract administrator$279

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$10,250 · 0.43%
2023$7,538 · 0.40%
2022$5,548 · 0.32%
Similar plansRetail Trade · Georgia
Wrbs Opco, LLC GA$3.2M · 0.32%
Town & Country Gas, Inc GA$3.1M · 1.90%
Coastal Meats, LLC GA$2.6M · 1.49%
Morrow Motors Sales Inc GA$2.6M · 0.93%
Material Handling, Inc. GA$2.5M · 0.03%
Carey Paul, Inc. GA$2.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263902245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.