Plan Ledger DOL Form 5500 · updated monthly

Williams Chevrolet, Inc.401(k)

WILLIAMS CHEVROLET, INC. 401(K) PLAN AND TRUST · TRAVERSE CITY, MI · plan year 2022

Reported admin expense ratio · 2022
0.74%

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

Williams Chevrolet, Inc. reported $29,343 in plan administrative expenses for 2022: 0.74% of average plan assets, above the peer median. Employer contributions averaged $356 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (2,119th of 2,619), and 4,035th of 5,215 in retail trade. In 2022, employees put in $11.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,059,737
Participants with balances51
Active participants85
Employer contributions$30,291
Employee contributions$338,775
Employer contribution per active participant$356
Average account balance$79,603
Benefits paid to participants$144,279
Plan auditUnmodified (clean) audit opinion
AuditorWOJESKI & COMPANY CPA'S P.C.
Administrative expenses, itemized · 2022
Professional / advisory$29,343
Total administrative$29,343
The Williams Chevrolet, Inc. 401(k) match · 2022
Employer contribution per active participant$356
Median for plans this size$1,114

Williams Chevrolet, Inc.'s 2022 employer contribution ran below the $1,114 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$29,343 · 0.74%
Similar plansRetail Trade · Michigan
Lakeside Surfaces, LLC MI$4.2M · 0.94%
Woodland Direct MI$4.2M · 0.46%
R L Morgan Company MI$3.7M · 1.01%
Gazelle Sports 1. Inc. MI$3.6M · 0.48%
Quality Dairy Co. MI$3.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382943313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.