Tt of Lake Norman, LLC dba Lake Norman Chrysler Jeep Dodge401(k)
TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN · CORNELIUS, NC · plan year 2020
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Tt of Lake Norman, LLC dba Lake Norman Chrysler Jeep Dodge reported $6,069 in plan administrative expenses for 2020: 0.27% 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 2 years on file its reported administrative ratio rose from 0.27% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in North Carolina (1,732nd of 2,005), and 4,538th of 5,215 in retail trade.
Tt of Lake Norman, LLC dba Lake Norman Chrysler Jeep Dodge's 2020 employer contribution ran below the $893 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 113686670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.