Plan Ledger DOL Form 5500 · updated monthly

Carparts.com, Inc.401(k)

CARPARTS.COM, INC. 401(K) PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Carparts.com, Inc. reported $129,372 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $988 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 3 years on file its reported administrative ratio has held roughly steady near 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,932nd-largest of 9,483 plans among California employers on file, and the 1,143rd of 5,215 in retail trade. In 2024, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,613,640
Participants with balances1,262
Active participants1,008
Employer contributions$995,521
Employee contributions$3,140,557
Employer contribution per active participant$988
Average account balance$21,088
Benefits paid to participants$3,788,998
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$26.6M · 1,262 accts · $996K emplr
2023$22.2M · 1,111 accts · $935K emplr
2022$17.4M · 1,142 accts · $866K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,447
Investment management$45,925
Total administrative$129,372
The Carparts.com, Inc. 401(k) match · 2024
Employer contribution per active participant$988
Median for plans this size$2,416
2024$988 per active participant
2023$873 per active participant
2022$884 per active participant

Carparts.com, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$83,447
MML INVESTOR SERVICES LLC · Investment advisory (plan)$45,925

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$129,372 · 0.53%
2023$104,578 · 0.53%
2022$99,934 · 0.52%
Same employer
Similar plansRetail Trade · California
Sitn Sleep, Inc. CA$27.4M · 0.37%
Sports Warehouse, Inc. CA$26.8M · 0.78%
Friedman's Home Improvement CA$26.8M · 0.38%
Rp Automotive, Inc. CA$26.7M · 0.49%
Minted, LLC CA$26.3M · 0.10%
Hoehn Motors, Inc. CA$26.0M · 0.42%
Scosche Industries, Inc. CA$25.7M · 0.08%
Stubhub Inc. CA$25.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680623433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.