Plan Ledger DOL Form 5500 · updated monthly

St Charles Nissan, Inc401(k)

MID AMERICA 401(K) RETIREMENT SAVINGS PLAN · ST PETERS, MO · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

St Charles Nissan, Inc reported $39,010 in plan administrative expenses for 2023: 0.35% of average plan assets, above the peer median. Employer contributions averaged $538 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 0.30% to 0.39%. 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 among the smaller plans on file in Missouri (784th of 1,393), and the 2,307th of 5,215 in retail trade. In 2023, employees put in $15.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,780,421
Participants with balances118
Active participants117
Employer contributions$62,935
Employee contributions$998,148
Employer contribution per active participant$538
Average account balance$99,834
Benefits paid to participants$1,275,118
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49K · 4 accts
2023$11.8M · 118 accts · $63K emplr
2022$10.4M · 124 accts · $67K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$39,010
Total administrative$39,010
The St Charles Nissan, Inc 401(k) match · 2023
Employer contribution per active participant$538
Median for plans this size$2,440
2023$538 per active participant
2022$570 per active participant

St Charles Nissan, 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 · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,010
RESOURCES INVESTMENT ADVISORS · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$22,955 · 0.39%
2023$39,010 · 0.35%
2022$34,550 · 0.30%
Same employer
Similar plansRetail Trade · Missouri
Southland Imports, Inc. MO$13.6M · 0.50%
Rw Supply and Design, LLC MO$13.1M · 0.45%
Russell Cellular, Inc. MO$12.2M · 1.88%
Chris Auffenberg Ford, Inc. MO$12.0M · 0.57%
McMahon Ford Company MO$10.5M · 0.34%
Frank Leta Holding Co. MO$10.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431170073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.