Plan Ledger DOL Form 5500 · updated monthly

Uftring Chevrolet, Inc.401(k)

UFTRING AUTOMOTIVE GROUP 401(K) PLAN AND TRUST · WASHINGTON, IL · plan year 2023

Reported admin expense ratio · 2023
0.45%

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

Uftring Chevrolet, Inc. reported $112,208 in plan administrative expenses for 2023: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $636 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 0.51% to 0.45%. 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 the 1,427th-largest of 3,702 plans among Illinois employers on file, and the 1,142nd of 5,215 in retail trade. In 2023, employees put in $7.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,617,922
Participants with balances293
Active participants308
Employer contributions$195,978
Employee contributions$1,516,767
Employer contribution per active participant$636
Average account balance$90,846
Benefits paid to participants$1,720,973
Plan auditUnmodified (clean) audit opinion
AuditorROMOLO & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 284 accts · $183K emplr
2023$26.6M · 293 accts · $196K emplr
2022$23.6M · 286 accts · $189K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$51,679
Investment management$60,529
Total administrative$112,208
The Uftring Chevrolet, Inc. 401(k) match · 2023
Employer contribution per active participant$636
Median for plans this size$2,440
2024$597 per active participant
2023$636 per active participant
2022$629 per active participant

Uftring Chevrolet, 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 · 20232
GUARDIAN WEALTH MANAGEMENT, INC · Investment advisory (plan)$60,529
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$51,679

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$115,746 · 0.45%
2023$112,208 · 0.45%
2022$129,993 · 0.51%
Same employer
Similar plansRetail Trade · Illinois
McGrath-Colosimo, LTD. IL$31.8M · 0.25%
Prairie State Tractor LLC IL$31.3M · 0.35%
Karl Knauz Motors, Inc. IL$30.9M · 0.00%
Currie/Curfin Motors IL$29.9M · 0.32%
School Health Corporation IL$26.4M · 0.35%
Graham Enterprise, Inc. IL$26.1M · 0.33%
Anderson Nissan Inc. IL$24.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371120950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.