Plan Ledger DOL Form 5500 · updated monthly

Sullivan Automotive Group, Inc.401(k)

SULLIVAN AUTOMOTIVE GROUP, INC. 401(K) PROFIT SHARING PLAN · OCALA, FL · plan year 2025

Reported admin expense ratio · 2025
0.24%

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

Sullivan Automotive Group, Inc. reported $20,790 in plan administrative expenses for 2025: 0.24% of average plan assets, below the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio fell from 0.52% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Florida (1,868th of 3,644), and 2,795th of 5,215 in retail trade.

Plan summary
Net assets, end of year$9,241,610
Participants with balances126
Active participants196
Employer contributions$0
Employee contributions$513,918
Employer contribution per active participant$0
Average account balance$73,346
Benefits paid to participants$278,174
Plan auditUnmodified (clean) audit opinion
AuditorCAROL & BLEZTER PLLC
Plan history4
Yearassets · accounts · employer contribution
2025$9.2M · 126 accts
2024$7.9M · 126 accts
2023$7.4M · 139 accts · $61K emplr
2022$7.0M · 144 accts · $234K emplr
Administrative expenses, itemized · 2025
Investment management$4,900
Total administrative$20,790
The Sullivan Automotive Group, Inc. 401(k) match · 2025
Employer contribution per active participant$0
Median for plans this size$1,464
2023$314 per active participant
2022$1,211 per active participant

Sullivan Automotive Group, Inc.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
CAROL & BLETZER, PLLC · Accounting / audit$4,900
BATES & COMPANY, INC. · Contract administrator$2,700
EMPOWER ADVISORY GROUP, LLC · Investment management$1,129

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

Administrative cost history4
2025$20,790 · 0.24%
2024$12,632 · 0.16%
2023$36,926 · 0.51%
2022$37,810 · 0.52%
Same employer
Similar plansRetail Trade · Florida
Tamiami Ford, Inc. FL$9.5M · 0.56%
Dufry America, LLC FL$9.3M · 0.72%
Now Optics LLC FL$9.1M · 0.75%
Stadium, Inc. FL$9.1M · 0.47%
Petmed Express, Inc. FL$9.0M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593604074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.