Plan Ledger DOL Form 5500 · updated monthly

Car Wash Partners, Inc. dba Mister Car Wash401(k)

MISTER CAR WASH 401(K) RETIREMENT PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Car Wash Partners, Inc. dba Mister Car Wash reported $189,304 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $283 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 1.01% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 282nd-largest of 1,285 plans among Arizona employers on file, and the 742nd of 3,341 in other services. In 2024, employees put in $3.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,266,133
Participants with balances1,817
Active participants4,777
Employer contributions$1,352,145
Employee contributions$4,620,846
Employer contribution per active participant$283
Average account balance$16,107
Benefits paid to participants$3,655,319
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 1,817 accts · $1.4M emplr
2023$24.0M · 1,709 accts · $1.2M emplr
2022$18.3M · 1,614 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,726
Investment management$1,911
Total administrative$189,304
The Car Wash Partners, Inc. dba Mister Car Wash 401(k) match · 2024
Employer contribution per active participant$283
Median for plans this size$2,416
2024$283 per active participant
2023$261 per active participant
2022$268 per active participant

Car Wash Partners, Inc. dba Mister Car Wash's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
MERCER (US) INC MERCER INVESTMENTS · Consulting · Insurance services$74,667
EMPOWER ADVISORY GROUP, LLC · Investment management$1,911

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$189,304 · 0.71%
2023$192,587 · 0.91%
2022$186,741 · 1.01%
Same employer
Similar plansOther Services · Arizona
Gb Auto Service, Inc. AZ$54.8M · 0.51%
J. D. Steel Co., Inc. AZ$44.0M · 0.16%
Alliance Defending Freedom AZ$31.1M · 0.17%
Next Phase Enterprises, LLC AZ$27.5M · 0.21%
Bluum USA, Inc. AZ$24.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043299064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.