Department of Labor filing

GERALD NISSAN OF NORTH AURORA, INC.

GERALD AUTO GROUP PROFIT SHARING 401(K) PLAN & TRUST · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 2, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

72filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$1,768

Reported employer contributions per active participant.

Higher than about 87% of comparable plans

#People in the filing

636

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$145 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 36% of comparable plans

↗Investment performance

Not available

Plan assets changed 17.7%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202472out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions87th percentileTypical peer $680 · based on 259 comparable plans

Lower reported administrative expense36th percentileTypical peer $121 · based on 277 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, GERALD NISSAN OF NORTH AURORA, INC. reported $1,124,425 in employer contributions across the plan and 636 active participants. That works out to $1,768 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy78%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 13.6%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 9.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context72/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,124,425
Participant contributions: $2,915,574
Other contributions: $42,973
Employer share of reported contributions: 27.8%
Beginning assets: $31,466,727
Ending assets: $37,032,715
Ending net assets: $37,032,715
Ending liabilities: $0
Total income: $8,275,469
Total expenses: $2,709,481
Administrative expenses: $123,479
Participant loans: $2,653

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,047

2023

$1,710

2024

$1,768

Plan-paid administrative expenses per participant

2022

$160

2023

$179

2024

$145

Active participants

2022

474

2023

621

2024

636

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,768	636	37M	20251002114643NAL0000281987001
2023	$1,710	621	31.5M	20241015104517NAL0057060370001
2022	$2,047	474	24.8M	20231201150415NAL0007213923001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 364162660-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1991
Industry: Retail trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2F2G2J2K2S2T3D

Current plan terms

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Filing ACK_ID20251002114643NAL0000281987001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗