Plan Ledger DOL Form 5500 · updated monthly

Williamson Cadillac Company401(k)

WILLIAMSON CADILLAC EMPLOYEES' RETIREMENT PLAN AND TRUST · MIAMI, FL · plan year 2023

Reported admin expense ratio · 2023
0.81%

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

Williamson Cadillac Company reported $225,887 in plan administrative expenses for 2023: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,942 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 fell from 0.80% to 0.38%. 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 818th-largest of 3,644 plans among Florida employers on file, and the 1,038th of 5,215 in retail trade. In 2023, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,865,845
Participants with balances355
Active participants292
Employer contributions$859,178
Employee contributions$1,620,379
Employer contribution per active participant$2,942
Average account balance$84,129
Benefits paid to participants$2,371,825
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 205 accts · $574K emplr
2023$29.9M · 355 accts · $859K emplr
2022$26.2M · 337 accts · $839K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$137,472
Investment management$46,074
Audit (IQPA)$27,502
Total administrative$225,887
The Williamson Cadillac Company 401(k) match · 2023
Employer contribution per active participant$2,942
Median for plans this size$2,440
2024$3,543 per active participant
2023$2,942 per active participant
2022$3,017 per active participant

Williamson Cadillac Company's 2023 employer contribution ran above the $2,440 median for plans its size. 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 · 20235
WELLS FARGO ADVISORS, LLC · Investment advisory (plan)$46,074
BDO USA LLP · Accounting / audit$27,502
WILLIAMSON CADILLAC COMPANY$14,839
DEFINITI LLC · Contract administrator$10,175

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$98,775 · 0.38%
2023$225,887 · 0.81%
2022$220,714 · 0.80%
Same employer
Similar plansRetail Trade · Florida
Mayors Jewelers, Inc. FL$32.0M · 0.20%
Duty Free Americas, Inc. FL$30.3M · 0.18%
Schumacher Auto Group, Inc. FL$29.3M · 0.10%
Allpro Corporation FL$28.7M · 0.76%
The Collection, LLC FL$27.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591195335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.