Plan Ledger DOL Form 5500 · updated monthly

Visionary Automotive Management, LLC401(k)

VISIONARY AUTOMOTIVE MANAGEMENT, LLC 401(K) PLAN · SCOTTSDALE, AZ · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Visionary Automotive Management, LLC reported $17,684 in plan administrative expenses for 2023: 0.35% of average plan assets, below the peer median. Employer contributions averaged $589 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 1 year on file its reported administrative ratio rose from 0.22% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Arizona (744th of 1,285), and 3,363rd of 5,215 in retail trade. In 2023, employees put in $8.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,545,461
Participants with balances491
Active participants457
Employer contributions$269,207
Employee contributions$2,214,945
Employer contribution per active participant$589
Average account balance$13,331
Benefits paid to participants$471,115
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.5M · 491 accts · $269K emplr
2022$3.5M · 417 accts · $341K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,684
Total administrative$17,684
The Visionary Automotive Management, LLC 401(k) match · 2023
Employer contribution per active participant$589
Median for plans this size$1,308
2023$589 per active participant
2022$841 per active participant

Visionary Automotive Management, LLC's 2023 employer contribution ran below the $1,308 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 · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,684

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$17,684 · 0.35%
2022$7,840 · 0.22%
Same employer
Similar plansRetail Trade · Arizona
Quebedeaux Pontiac Gmc AZ$6.2M · 0.28%
Ken Ellegard - Peoria Inc AZ$6.1M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854394794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.