Plan Ledger DOL Form 5500 · updated monthly

The Boyd Group (U.S.) Inc.401(k)

GERBER COLLISION & GLASS 401(K) PLAN · ELMHURST, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

The Boyd Group (U.S.) Inc. reported $350,948 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $728 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 0.24% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 343rd-largest of 3,702 plans among Illinois employers on file, and the 87th of 3,341 in other services. In 2024, employees put in $2.97 for every $1.00 the employer contributed; active participation has grown from 10,055 to 11,273 since 2022.

Plan summary
Net assets, end of year$197,650,481
Participants with balances4,632
Active participants11,273
Employer contributions$8,202,090
Employee contributions$24,335,727
Employer contribution per active participant$728
Average account balance$42,671
Benefits paid to participants$19,353,856
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$197.7M · 4,632 accts · $8.2M emplr
2023$158.6M · 5,347 accts · $5.9M emplr
2022$125.0M · 3,703 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$302,269
Investment management$48,679
Total administrative$350,948
The The Boyd Group (U.S.) Inc. 401(k) match · 2024
Employer contribution per active participant$728
Median for plans this size$3,635
2024$728 per active participant
2023$576 per active participant
2022$506 per active participant

The Boyd Group (U.S.) Inc.'s 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$305,350
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$48,679

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$350,948 · 0.20%
2023$470,266 · 0.33%
2022$298,045 · 0.24%
Same employer
Similar plansOther Services · Illinois
American Bar Association IL$211.7M · 0.06%
Sp Plus Corporation IL$202.6M · 0.34%
Rotary International IL$170.4M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 510394062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.