Plan Ledger DOL Form 5500 · updated monthly

Todd Wenzel Buick Gmc, Inc.401(k)

TODD WENZEL AUTOMOTIVE 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
1.41%

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

Todd Wenzel Buick Gmc, Inc. reported $73,316 in plan administrative expenses for 2024: 1.41% of average plan assets, higher than ~90% of peers. 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 2 years on file its reported administrative ratio rose from 1.33% to 1.41%. 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 Michigan (1,947th of 2,619), and 3,593rd of 5,215 in retail trade.

Plan summary
Net assets, end of year$5,617,321
Participants with balances286
Active participants285
Employer contributions$0
Employee contributions$942,571
Employer contribution per active participant$0
Average account balance$19,641
Benefits paid to participants$632,773
Plan auditUnmodified (clean) audit opinion
AuditorDOLINKA, VANNOORD, & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 286 accts
2023$4.8M · 292 accts
2022$3.6M · 276 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,138
Investment management$2,178
Total administrative$73,316
The Todd Wenzel Buick Gmc, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Todd Wenzel Buick Gmc, Inc.'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$2,178
NORTHWESTERN MUTUAL INVESTMENT SVCSindirect 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$73,316 · 1.41%
2023$55,098 · 1.31%
2022$48,347 · 1.33%
Same employer
Similar plansRetail Trade · Michigan
My Auto Imports MI$6.0M · 0.23%
Marshall Music Company MI$5.9M · 0.96%
Ibe Enterprises, LLC MI$5.8M · 0.66%
Schneider Tire Outlet MI$5.4M · 0.41%
Wolverine Truck Sales Inc MI$5.4M · 0.38%
Sellers Auto Group, Inc. MI$5.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382112492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.