Plan Ledger DOL Form 5500 · updated monthly

Young Chevrolet Company401(k)

YOUNG AUTOMOTIVE GROUP 401(K) PROFIT SHARING PLAN · LAYTON, UT · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Young Chevrolet Company reported $128,101 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $604 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 3 years on file its reported administrative ratio has held roughly steady near 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 178th-largest of 848 plans among Utah employers on file, and the 817th of 5,215 in retail trade. In 2024, employees put in $5.79 for every $1.00 the employer contributed; active participation has grown from 1,007 to 1,234 since 2022.

Plan summary
Net assets, end of year$38,921,733
Participants with balances1,384
Active participants1,234
Employer contributions$745,489
Employee contributions$4,318,573
Employer contribution per active participant$604
Average account balance$28,123
Benefits paid to participants$4,304,547
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.9M · 1,384 accts · $745K emplr
2023$33.5M · 1,528 accts · $688K emplr
2022$27.7M · 1,087 accts · $628K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,368
Investment management$97,733
Total administrative$128,101
The Young Chevrolet Company 401(k) match · 2024
Employer contribution per active participant$604
Median for plans this size$2,416
2024$604 per active participant
2023$593 per active participant
2022$624 per active participant

Young Chevrolet Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$97,733
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$30,368

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$128,101 · 0.35%
2023$103,978 · 0.34%
2022$97,171 · 0.34%
Similar plansRetail Trade · Utah
Cricut, Inc. UT$53.4M
Stampin Up Inc. UT$48.3M · 0.30%
Backcountry.com, LLC UT$43.6M · 0.41%
Overland West, Inc. UT$36.9M · 0.47%
Les Olson Company, Inc. UT$35.2M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870253320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.