Ray Laethem Buick GMC 401(k) match, vesting and fees
What Ray Laethem Buick GMC's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Stancorp Financial Group | Schedule C ↗ |
| Independent auditor | Benda, Grace, Stultz & Company, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Ray Laethem Buick GMC: employer contribution per participant | $245 | |
| Peer median | $1,216 |
| Ray Laethem Buick GMC: average balance | $31,284 | |
| Peer median | $50,590 |
| Ray Laethem Buick GMC: admin expenses ÷ assets | 0.26% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $7.4M at the end of plan year 2021 to $4.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 172 | $4.9M | $38K | $245 | 0.26% | Not published | Form 5500 ↗ |
| 2023 | 241 | $6.9M | $55K | $265 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 227 | $6.1M | $536K | $2,853 | 0.01% | Not published | Form 5500 ↗ |
| 2021 | 224 | $7.4M | $56K | $297 | 0.00% | Not published | Form 5500 ↗ |
Common questions
Does Ray Laethem Buick GMC match 401(k) contributions?
The match terms for the Ray Laethem Buick Gmc, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $38K in employer contributions, about $245 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Ray Laethem Buick GMC 401(k) match vested?
The vesting schedule for the Ray Laethem Buick Gmc, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Ray Laethem Buick GMC 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Stancorp Financial Group. The plan administrator is Ray Laethem Buick Gmc, Inc..
I left Ray Laethem Buick GMC. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ray Laethem Buick Gmc, Inc., (313) 866-1700) or the recordkeeper, Stancorp Financial Group. The Ray Laethem Buick GMC old 401(k) page lists the contacts from every plan filing. Find an old Ray Laethem Buick GMC 401(k)
Data from the public Form 5500 annual reports Ray Laethem Buick GMC filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Ray Laethem Buick GMC. Not financial advice. Report a correction · Methodology