Plan Ledger DOL Form 5500 · updated monthly

Wellesley Volkswagen, Inc.401(k)

COLONIAL AUTOMOTIVE GROUP 401K PLAN · WELLESLEY, MA · plan year 2025

Reported admin expense ratio · 2025
0.40%

Wellesley Volkswagen, Inc. reported $70,663 in plan administrative expenses for 2025: 0.40% of average plan assets, above the peer median. 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 4 years on file its reported administrative ratio has held roughly steady near 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other retail trade employers. By assets it is the 1,348th-largest of 2,726 plans among Massachusetts employers on file, and the 1,521st of 5,215 in retail trade.

Plan summary
Net assets, end of year$19,124,637
Participants with balances288
Active participants559
Employer contributions—
Employee contributions$1,902,209
Employer contribution per active participant—
Average account balance$66,405
Benefits paid to participants$1,467,229
Plan auditUnmodified (clean) audit opinion
AuditorDOWNEY & COMPANY, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$19.1M · 288 accts
2024$16.0M · 277 accts
2023$14.7M · 283 accts
2022$12.0M · 304 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$70,663
Total administrative$70,663
What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
EMPOWER ADVISORY GROUP, LLC · Investment management$19,574
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$13,000
ASCENSUS HOLDINGS, INC. · Contract administrator$6,500

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

Administrative cost history4
2025$70,663 · 0.40%
2024$62,108 · 0.40%
2023$50,439 · 0.38%
2022$48,865 · 0.39%
Similar plansRetail Trade · Massachusetts
Winston Brothers, Inc. MA$22.1M · 0.24%
1A Auto, Inc. MA$20.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042462613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.