Plan Ledger DOL Form 5500 · updated monthly

Wilmington Auto Group, LLC401(k)

PARKWAY OF WILMINGTON 401(K) RETIREMENT PLAN · WILMINGTON, NC · plan year 2022

Reported admin expense ratio · 2022
0.51%

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

Wilmington Auto Group, LLC reported $12,343 in plan administrative expenses for 2022: 0.51% of average plan assets, above the peer median. Employer contributions averaged $974 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 North Carolina (1,744th of 2,005), and 4,578th of 5,215 in retail trade. In 2022, employees put in $3.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,306,983
Participants with balances78
Active participants119
Employer contributions$115,925
Employee contributions$390,072
Employer contribution per active participant$974
Average account balance$29,577
Benefits paid to participants$292,235
Plan auditUnmodified (clean) audit opinion
AuditorHMM CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,343
Total administrative$12,343
The Wilmington Auto Group, LLC 401(k) match · 2022
Employer contribution per active participant$974
Median for plans this size$1,114

Wilmington Auto Group, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,343 · 0.51%
Same employer
Similar plansRetail Trade · North Carolina
Cox Motors Ccdjr, LLC NC$2.6M · 0.85%
Blue Ridge Pharmacy, Inc. NC$2.5M · 0.99%
Team Carolinas, Inc. NC$2.0M · 1.69%
Impex Inc NC$1.3M · 0.77%
Raymer Brothers, Inc. NC$1.1M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562085550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.