Plan Ledger DOL Form 5500 · updated monthly

Village Subaru401(k)

VILLAGE SUBARU 401(K) PROFIT SHARING PLAN · BANGOR, ME · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Village Subaru reported $131,193 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,749 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 3 years on file its reported administrative ratio has held roughly steady near 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 107th-largest of 354 plans among Maine employers on file, and the 1,061st of 5,215 in retail trade. In 2024, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,250,464
Participants with balances392
Active participants337
Employer contributions$589,303
Employee contributions$1,498,795
Employer contribution per active participant$1,749
Average account balance$74,619
Benefits paid to participants$1,792,596
Plan auditUnmodified (clean) audit opinion
AuditorALBIN, RANDALL & BENNETT
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 392 accts · $589K emplr
2023$25.9M · 370 accts · $584K emplr
2022$23.0M · 366 accts · $581K emplr
The Village Subaru 401(k) match · 2024
Employer contribution per active participant$1,749
Median for plans this size$2,416
2024$1,749 per active participant
2023$1,774 per active participant
2022$1,798 per active participant

Village Subaru's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$36,783
ALBIN RANDALL & BENNETT · Accounting / audit$32,225
WELLS FARGO ADVISORS FIN NETWORK LL · Investment advisory (plan)$13,190
DOWNEAST PENSION SERVICES, INC. · Contract administrator$13,168
NBT BANK NA DBA TPA EXPERTS · Contract administrator$10,430

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$131,193 · 0.48%
2023$110,075 · 0.45%
2022$117,089 · 0.47%
Similar plansRetail Trade · Maine
Darling's ME$44.6M · 0.03%
Chambers Leasing ME$39.4M · 0.06%
Lee Management Company ME$34.4M · 0.17%
Kevin, Inc. ME$23.7M · 0.01%
Charlie's Motor Mall, Inc. ME$20.8M · 0.46%
Pape Chevrolet, Inc. ME$20.6M · 0.33%
Marden's, Inc. ME$20.4M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010322459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.