Chevrolet

Schon

720 W. MAPLE ST.

HARTVILLE, OH 44632

Latest Filing: 2023Financial Data Through: 2023Source: DOL Form 5500-SF

Plan Data Available

Source-backed retirement-plan information is available to benchmark this dealership.

The leading signal

Schon

Above MedianPer-Saver Contribution · Plan Engagement
$3,963/ saver · vs $3,435 national median
61th percentile vs national auto-dealer peers. Sourced from DOL Form 5500.
No trend yet · Workforce footprint
Employer Contribution / Participant
$855
vs $852 National Median
Employer Percentile
50th
Where this sits vs national auto-dealer peers.

Per-saver contribution is above the national median — a sign of an engaged workforce. Employer contribution per participant is at or above the median too, confirming the engagement. A separate workforce-retention watch flags a sustained decline in active savers — engagement strength is not the same as headcount stability.

Secondary context · Employer-contribution standing
Workhorse ↔ Racehorse
Above Median Nationally
50th
percentile
WorkhorseRacehorse
Median

Benchmark Scorecard

Observable, source-backed metrics. No inferred grades or quality scores.

Employer Contribution / Participant
$855
vs $852 National Median
Above Median Nationally

The lagging confirmation of plan health. Below median signals under-investment in workforce retention — the dollar has yet to follow the leading active-saver signal.

Participant Contribution / Participant
$3,963
vs $3,435 National Median
Above Median Nationally

The leading signal of plan engagement. A rising trajectory precedes the lagging employer-contribution dollar; below median can signal gaps in auto-enrollment or plan design.

Plan Assets / Participant
$57,124
vs $48,309 National Median
Above Median Nationally

How seasoned the workforce is. Below national median can also indicate higher-than-needed employee turnover.

Employer Contributions
$19,660
Latest source filing

Total annual employer contribution from the latest DOL filing.

Plan Assets
$1.3M
Latest source filing

The retirement pool employees are building. Larger pools reflect longer-tenured workforces.

Plan Participants
23
Latest source filing

Active employees covered by the plan — the scope of the dealership's retirement offering.

Local Dealerships with a More Competitive 401(k) Plan

Dealerships in OH contributing more per participant than Schon on employer 401(k) contributions — listed below. Names and locations are public; head-to-head comparison unlocks with your free trial.

These 5 dealerships contribute more than you. Names and locations are public; head-to-head comparison unlocks with your free trial.

1.Parris Holdings, Llc
AKRON, OH • 11 mi
Contributes / participant
$2,329
2.Wally Armour Chrysler Dodge Jeep Inc
ALLIANCE, OH • 12 mi
Contributes / participant
$1,531
3.Buckeye Auto Network
AKRON, OH • 9 mi
Contributes / participant
$1,446
4.Stark County Auto Dealers Association
CANTON, OH • 10 mi
Contributes / participant
$1,079
5.Lavery Automotive Sales And Service
ALLIANCE, OH • 12 mi
Contributes / participant
$876

No credit card. Email verification only. Full report for this dealership unlocked for 7 days.

Peer Position

Where this dealership ranks on Employer Contribution / Participant across cohorts of similarly comparable dealerships.

National Auto Dealers
50th percentile
4966 valid peers
OH Dealers
52th percentile
240 valid peers
Chevrolet Dealers
53th percentile
557 valid peers
Similar-Size Dealers
46th percentile
2198 valid peers
Members

Engagement Trajectory

Active-saver trajectory is the leading signal; employer contribution is the lagging confirmation. Public filings from 2022 to 2023. Missing years are not interpolated.

2022202306121824
Fewer than three annual filings with usable values — no trend available for active-saver trajectory.
Years available: 2022, 2023

Reported Plan Data

The public filing record behind every metric on this page — for audit and trust.

Plan SponsorLAKE AUTOMOTIVE GROUP LLC DBA SCHON
Plan NameLAKE AUTOMOTIVE GROUP LLC DBA SCHONER CHEVROLET 401(K) PLAN
EIN Members832858128
Plan Number001
RecordkeeperNot yet contributed — contribute plan data
Trustee / Custodian—
Custodian Phone—
Recordkeeping Fees—
Latest Filing Year2023
Financial Data Year2023
Participants (active, EOY)23
Plan Assets$1.3M
Employer Contributions$19,660
Participant Contributions$91,142
Total Contributions$110,802
Plan Type401(k) + Profit Sharing + 401(m)
Source FormDOL Form 5500-SF
Source Filing ID20240607125553NAL0041466960001
7-Day Free Trial

Unlock Schon’s full 401(k) report — 7 days free

See the local dealerships out-contributing you, the full benchmark scorecard, fee benchmark, and peer position — all for this dealership. No credit card. Email verification only.

Your email is used only to verify this trial. No credit card, no auto-bill. Access expires automatically after 7 days.

Members only

Schon's full 401(k) benchmark is reserved for members.

Some of the benchmarking details on this plan are sensitive, so they aren't published publicly — they're available only through a paid membership. There are two ways to unlock them and start moving this plan up.

Work directly with us to climb the ranking

Your benchmark below the peer median isn't published — it's yours to fix. A Fiduciary Positioning Consultation unlocks the private numbers for Schon and hands you a plan to move up so your best people don't leave for a better package down the road.

See exactly where you rank

Private 401(k) benchmark vs national, state, franchise, and similar-size dealer peers — built on public DOL Form 5500 data, never published.

A playbook to climb the ranking

Concrete, fiduciary-grade steps your team or your advisor can execute to move employer contribution, participation, and plan assets above the peer median.

12 months of drift alerts

Quarterly benchmark recalculation plus alerts the moment your plan slips — so the ranking you earn keeps working for your recruiting story.

Turn the 401(k) into a retention weapon

Position the plan so technicians and salespeople brag about it. Dealership turnover hit 46% last year; average tenure is under two years.

Book a $499 consultation

Bring your advisor and take $100 off — they'll help tailor the playbook live.

Flag this to a decision-maker

Is this your dealership — or one you know? Send this to an Owner, CFO, or HR contact so we can bring the matter to their attention and offer a solution. You can nominate anonymously.

Sensitive benchmarking details aren't published publicly; they're available with a paid membership. Email addresses are used only to start this conversation and are never sold.

Ready for the full picture?

Unlock benchmark history, full peer-cohort analysis, and your competitors' filings.

Become a Member

See this plan’s full report — and act on it.

Dealership employees verify their work email to unlock this dealership’s full benchmark free for 30 days and book a Fiduciary Positioning Consultation at $399 ($100 off). Then climb the ladder: a 24-hour comparison pass ($50), a discounted first month (~$50), and more. Advisors start at $99/month — or run a 24-hour pass first.

Become a Member