Plan Ledger DOL Form 5500 · updated monthly

Watson Chevrolet, Inc.401(k)

WATSON CHEVROLET, INC. 401(K) PLAN · TUSCON, AZ · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Watson Chevrolet, Inc. reported $9,335 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $498 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is the 608th-largest of 1,285 plans among Arizona employers on file, and 2,713th of 5,215 in retail trade. In 2022, employees put in $5.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,577,453
Participants with balances91
Active participants146
Employer contributions$72,672
Employee contributions$425,873
Employer contribution per active participant$498
Average account balance$105,247
Benefits paid to participants$805,137
Plan auditUnmodified (clean) audit opinion
AuditorBEACHFLEISCHMAN PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,335
Total administrative$9,335
The Watson Chevrolet, Inc. 401(k) match · 2022
Employer contribution per active participant$498
Median for plans this size$2,266

Watson Chevrolet, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,335 · 0.09%
Same employer
Similar plansRetail Trade · Arizona
Cbc Group, Inc. AZ$9.7M · 0.55%
Macpie, LLC AZ$9.6M · 0.68%
Rowe Enterprises, Inc. AZ$9.6M · 0.35%
Lawley Motors, LLC AZ$8.5M · 0.66%
Buffalo Exchange LTD. AZ$8.3M · 0.10%
Lush Cosmetics Inc. AZ$8.1M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860194009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.