General RV Centers, Inc. 401(k) Review & Grade
General RV 401(k) Plan & Trust
Wixom, MIRetail Trade1,666 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,840Employer $ per active participant
$3,810Employee $ saved per active participant
0.39%Direct admin cost, % of plan assets
$77.4MNet plan assets, end of year
$42,950Average balance per account
Score breakdown
- Employer generosity41.2 / 5082th percentile for employer $ per participant
- Low cost7.9 / 2531th percentile for low admin cost vs. same-size plans
- Employee saving9.3 / 1562th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score68 / 100 · Grade B
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 82th |
| Lower admin cost | 31th |
| Employee saving | 62th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- General RV Centers put in about $1,840 per active participant, more than the typical peer ($743). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.39% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,065,090 |
| Participant (employee) contributions | $6,346,292 |
| Other contributions (incl. rollovers in) | $776,935 |
| Administrative expenses paid from the plan | $278,882 |
| Investment advisory & management fees | $145,564 |
| Other admin expenses | $3,794 |
| Benefits paid out | $7,144,300 |
| Net assets, start / end of year | $65.8M / $77.4M |
| Active participants, start / end of year | 1,562 / 1,769 |
| Participants with account balances | 1,803 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Plante & Moran PLLC |
Largest service providers (Schedule C)
| Captrust Investment Advisors | $145,564 reported compensation |
| Milliman, Inc. | $129,524 reported compensation |
| Charles Schwab Trust Bank | $18,909 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929150829NAL0015370819001, received 2025-09-29, EIN 38-1657119, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.