Plan Ledger DOL Form 5500 · updated monthly

United Motors, LTD dba Liberty I401(k)

UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND · LIBERTYVILLE, IL · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

United Motors, LTD dba Liberty I reported $6,198 in plan administrative expenses for 2022: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,688 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (3,352nd of 3,702), and 4,651st of 5,215 in retail trade. In 2022, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,068,215
Participants with balances54
Active participants99
Employer contributions$167,103
Employee contributions$222,479
Employer contribution per active participant$1,688
Average account balance$38,300
Benefits paid to participants$329,597
Plan auditUnmodified (clean) audit opinion
AuditorKEN PETERSON
The United Motors, LTD dba Liberty I 401(k) match · 2022
Employer contribution per active participant$1,688
Median for plans this size$1,114

United Motors, LTD dba Liberty I's 2022 employer contribution ran above the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,198 · 0.28%
Same employer
Similar plansRetail Trade · Illinois
Boombah, Inc. IL$2.6M · 1.15%
Icanvas IL$2.3M · 0.16%
McKay Auto Parts, Inc. IL$2.1M · 0.72%
Weir Chevrolet, Inc. IL$1.7M · 0.53%
Vosges Holdings, LLC IL$1.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362815619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.