Plan Ledger DOL Form 5500 · updated monthly

Central Valley Automotive401(k)

CENTRAL VALLEY AUTOMOTIVE PROFIT SHARING 401(K) PLAN · MODESTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Central Valley Automotive reported $76,197 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,405 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 0.70%. 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 among the smaller plans on file in California (5,091st of 9,483), and the 2,364th of 5,215 in retail trade. In 2024, employees put in $3.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,441,590
Participants with balances218
Active participants136
Employer contributions$191,142
Employee contributions$653,053
Employer contribution per active participant$1,405
Average account balance$52,484
Benefits paid to participants$553,919
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & ASSOCIATES CPA'S INC
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 218 accts · $191K emplr
2023$10.2M · 292 accts · $192K emplr
2022$8.7M · 271 accts · $206K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,532
Investment management$68,665
Total administrative$76,197
The Central Valley Automotive 401(k) match · 2024
Employer contribution per active participant$1,405
Median for plans this size$2,416
2024$1,405 per active participant
2023$1,109 per active participant
2022$1,440 per active participant

Central Valley Automotive's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$43,373
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$25,292

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$76,197 · 0.70%
2023$65,825 · 0.70%
2022$64,566 · 0.71%
Same employer
Similar plansRetail Trade · California
Orgain, LLC CA$12.0M · 0.89%
Ogara Coach Co. LLC CA$11.7M · 0.30%
Lee's Pet Club, Inc. CA$11.6M · 0.03%
Rogers Jewelry Company CA$11.4M · 0.37%
Thrive Market, Inc. CA$11.4M · 0.79%
Fashionphile Group, LLC CA$11.1M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941662190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.