Plan Ledger DOL Form 5500 · updated monthly

Boardwalk Auto Center, Inc.401(k)

BOARDWALK AUTO CENTER, INC. PROFIT SHARING 401(K) PLAN · REDWOOD CITY, CA · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Boardwalk Auto Center, Inc. reported $4,762 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,511 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 2 years on file its reported administrative ratio rose from 0.05% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,642nd of 9,483), and 2,763rd of 5,215 in retail trade. In 2022, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,375,959
Participants with balances109
Active participants70
Employer contributions$105,761
Employee contributions$389,466
Employer contribution per active participant$1,511
Average account balance$86,018
Benefits paid to participants$263,757
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 88 accts · $76K emplr
2023$7.5M · 95 accts
2022$9.4M · 109 accts · $106K emplr
Administrative expenses, itemized · 2022
Investment management$1,904
Total administrative$4,762
The Boardwalk Auto Center, Inc. 401(k) match · 2022
Employer contribution per active participant$1,511
Median for plans this size$2,266
2024$1,108 per active participant
2022$1,511 per active participant

Boardwalk Auto Center, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$17,770 · 0.22%
2023$10,594 · 0.13%
2022$4,762 · 0.05%
Similar plansRetail Trade · California
Lularoe, LLC CA$9.4M · 0.04%
Truepill, Inc CA$9.4M · 0.59%
Turners Outdoors Inc. CA$9.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942638147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.