Plan Ledger DOL Form 5500 · updated monthly

Citrus Motors Ontario, Inc.401(k)

CITRUS MOTORS 401(K) PLAN & TRUST · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Citrus Motors Ontario, Inc. reported $52,120 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $3,613 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 0.04% to 0.38%. 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 4,402nd-largest of 9,483 plans among California employers on file, and the 1,913th of 5,215 in retail trade. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 107 to 130 since 2022.

Plan summary
Net assets, end of year$14,929,242
Participants with balances120
Active participants130
Employer contributions$469,741
Employee contributions$850,653
Employer contribution per active participant$3,613
Average account balance$124,410
Benefits paid to participants$844,025
Plan auditUnmodified (clean) audit opinion
AuditorFARBER HAAS HURLEY
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 120 accts · $470K emplr
2023$12.8M · 124 accts · $486K emplr
2022$10.2M · 113 accts · $490K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,910
Investment management$35,210
Total administrative$52,120
The Citrus Motors Ontario, Inc. 401(k) match · 2024
Employer contribution per active participant$3,613
Median for plans this size$2,416
2024$3,613 per active participant
2023$3,625 per active participant
2022$4,580 per active participant

Citrus Motors Ontario, Inc.'s 2024 employer contribution ran above 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
RBC USA HOLDCO CORPORATION RBC CAPI · Investment advisory (plan)$35,210
FHH LOS ANGELES LLP$14,000
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$2,910

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$52,120 · 0.38%
2023$17,665 · 0.15%
2022$4,677 · 0.04%
Same employer
Similar plansRetail Trade · California
Janie and Jack, LLC CA$15.2M · 0.54%
Don Roberto Jewelers Inc CA$15.1M · 0.15%
Ly Brothers Corporation CA$15.0M · 0.30%
Jones Lumber Company, Inc CA$15.0M · 0.31%
Windsor Fashions, Inc. CA$14.8M · 1.44%
Wine.com CA$14.7M · 0.60%
Robert a. Smith, Inc. CA$14.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952002736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.