Plan Ledger DOL Form 5500 · updated monthly

Cruise, LLC401(k)

CRUISE, LLC RETIREMENT TRUST · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Cruise, LLC reported $6,333 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,698 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 0.04% to 0.00%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 265th-largest of 9,483 plans among California employers on file, and the 80th of 2,677 in transportation & warehousing. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has shrunk from 2,941 to 2,138 since 2022.

Plan summary
Net assets, end of year$489,213,601
Participants with balances4,007
Active participants2,138
Employer contributions$27,147,310
Employee contributions$71,567,211
Employer contribution per active participant$12,698
Average account balance$122,090
Benefits paid to participants$65,963,610
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$489.2M · 4,007 accts · $27.1M emplr
2023$365.6M · 4,590 accts · $30.1M emplr
2022$213.8M · 3,671 accts · $23.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,611
Investment management$722
Total administrative$6,333
The Cruise, LLC 401(k) match · 2024
Employer contribution per active participant$12,698
Median for plans this size$4,294
2024$12,698 per active participant
2023$8,189 per active participant
2022$8,094 per active participant

Cruise, LLC's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,082

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$6,333 · 0.00%
2023$118,974 · 0.04%
2022$86,108 · 0.04%
Same employer
Similar plansTransportation & Warehousing · California
Doordash, Inc. CA$438.7M · 0.12%
Matson, Inc. CA$332.5M · 0.04%
Zoox, Inc. CA$222.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383995716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.