Plan Ledger DOL Form 5500 · updated monthly

Car Sound Exhaust System, Inc.401(k)

CAR SOUND EXHAUST SYSTEM, INC. 401(K) PROFIT SHARING PLAN · OCEANSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Car Sound Exhaust System, Inc. reported $154,053 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $4,336 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 fell from 0.46% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,155th-largest of 9,483 plans among California employers on file, and the 3,710th of 13,661 in manufacturing. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has shrunk from 497 to 271 since 2022.

Plan summary
Net assets, end of year$39,624,866
Participants with balances487
Active participants271
Employer contributions$1,175,154
Employee contributions$1,701,203
Employer contribution per active participant$4,336
Average account balance$81,365
Benefits paid to participants$1,923,789
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.6M · 487 accts · $1.2M emplr
2023$34.0M · 464 accts · $1.3M emplr
2022$28.8M · 475 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,976
Investment management$40,009
Total administrative$154,053
The Car Sound Exhaust System, Inc. 401(k) match · 2024
Employer contribution per active participant$4,336
Median for plans this size$2,416
2024$4,336 per active participant
2023$4,108 per active participant
2022$2,485 per active participant

Car Sound Exhaust System, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$40,000
CHARLES SCHWAB & CO., INC. · Securities brokerage$68
SAGEVIEW ADVISORY GROUP, LLC · Investment management$9

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$154,053 · 0.42%
2023$94,801 · 0.30%
2022$148,323 · 0.46%
Same employer
Similar plansManufacturing · California
F. Gavina & Sons, Inc. CA$40.3M · 0.40%
Quantumscape Battery, Inc. CA$39.9M · 0.05%
Neuropace, Inc. CA$39.7M · 0.12%
Statek Corporation CA$39.3M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953632494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.