Plan Ledger DOL Form 5500 · updated monthly

Cranbrook Partner, Inc.401(k)

BEVERLY HILLS PORSCHE AND SANTA MONICA AUDI 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Cranbrook Partner, Inc. reported $850 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.012% to 0.009%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,419th of 9,483), and the 2,607th of 5,215 in retail trade.

Plan summary
Net assets, end of year$10,121,566
Participants with balances159
Active participants270
Employer contributions$0
Employee contributions$509,598
Employer contribution per active participant$0
Average account balance$63,658
Benefits paid to participants$159,420
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$10.1M · 159 accts
2023$8.6M · 164 accts
2022$6.7M · 151 accts
2019$5.3M · 136 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$850
Total administrative$850
The Cranbrook Partner, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Cranbrook Partner, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$850

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

Administrative cost history4
2024$850 · 0.01%
2023$850 · 0.01%
2022$900 · 0.01%
2019Not separately reported
Same employer
Similar plansRetail Trade · California
Qvale Auto Group, Inc. CA$10.2M · 0.53%
Mancini Sleep World, Inc. CA$10.2M · 0.30%
Sanrio, Inc. CA$10.0M · 0.41%
Los Feliz Ford, Inc. CA$10.0M · 0.02%
Porto's Bakery, Inc. CA$10.0M · 0.39%
Concord Feed & Fuel, Inc. CA$10.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954341754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.