Plan Ledger DOL Form 5500 · updated monthly

Westgate Chevrolet, Inc.401(k)

APPLE AUTOMOTIVE GROUP 401(K) PLAN · YORK, PA · plan year 2023

Reported admin expense ratio · 2023
0.74%

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

Westgate Chevrolet, Inc. reported $151,422 in plan administrative expenses for 2023: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $430 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 2 years on file its reported administrative ratio rose from 0.77% to 1.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 1,446th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,343rd of 5,215 in retail trade. In 2023, employees put in $6.85 for every $1.00 the employer contributed; active participation has grown from 476 to 577 since 2022.

Plan summary
Net assets, end of year$22,178,635
Participants with balances469
Active participants577
Employer contributions$248,169
Employee contributions$1,700,119
Employer contribution per active participant$430
Average account balance$47,289
Benefits paid to participants$1,470,365
Plan auditUnmodified (clean) audit opinion
AuditorRKL
Plan history3
Yearassets · accounts · employer contribution
2024$449 · 24 accts · $35K emplr
2023$22.2M · 469 accts · $248K emplr
2022$18.7M · 475 accts · $249K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$83,281
Investment management$59,391
Audit (IQPA)$8,750
Total administrative$151,422
The Westgate Chevrolet, Inc. 401(k) match · 2023
Employer contribution per active participant$430
Median for plans this size$2,440
2024$11,741 per active participant
2023$430 per active participant
2022$523 per active participant

Westgate Chevrolet, Inc.'s 2023 employer contribution ran below the $2,440 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 · 202312
LOMBARD SECURITIES INC · Participant communication · Investment advisory (participants)$29,637
CONRAD M SIEGEL INC · Contract administrator$28,927
SRS CAPITAL ADVISORS · Investment advisory (plan)$16,235
EMPOWER ADVISORY GROUP, LLC · Investment management$9,396
REINSEL KUNTZ LESHER LLP · Accounting / audit$8,750
THE RETIREMENT ADVANTAGE INC$2,875
BLACKROCK FUND ADVISORS · Investment managementindirect comp
FIDELITY & RESEARCH COMPANY · Investment managementindirect comp
JP MORGAN INVESTMENT INC · Investment managementindirect comp
T. ROWE PRICE ASSOCIATES, INC. · Investment managementindirect comp
INVESCO ADVISERS INC · Investment managementindirect comp

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$160,438 · 1.45%
2023$151,422 · 0.74%
2022$161,512 · 0.77%
Similar plansRetail Trade · Pennsylvania
Your Building Centers, Inc. PA$24.0M · 0.15%
Duritza Enterprises, Inc. PA$22.6M · 0.64%
Bowser Automotive, Inc. PA$22.6M · 0.39%
Turn 14 Distribution, Inc. PA$22.3M · 0.49%
Preston Management, Inc. PA$22.2M · 0.56%
Paul B. Zimmerman, Inc. PA$21.7M · 0.28%
Williams Oil Company, Inc. PA$21.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232257255 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.