Plan Ledger DOL Form 5500 · updated monthly

Envision Motors Management, LLC401(k)

ENVISION MOTORS 401(K) PLAN · WEST COVINA, CA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Envision Motors Management, LLC reported $104,097 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,239 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 0.76% to 0.61%. 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 3,770th-largest of 9,483 plans among California employers on file, and the 1,536th of 5,215 in retail trade. In 2024, employees put in $3.43 for every $1.00 the employer contributed; active participation has grown from 687 to 956 since 2022.

Plan summary
Net assets, end of year$18,980,728
Participants with balances892
Active participants956
Employer contributions$1,184,216
Employee contributions$4,062,902
Employer contribution per active participant$1,239
Average account balance$21,279
Benefits paid to participants$3,281,115
Plan auditUnmodified (clean) audit opinion
AuditorBERLINER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 892 accts · $1.2M emplr
2023$15.0M · 809 accts · $856K emplr
2022$8.6M · 440 accts · $330K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,097
Total administrative$104,097
The Envision Motors Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,239
Median for plans this size$2,416
2024$1,239 per active participant
2023$870 per active participant
2022$480 per active participant

Envision Motors Management, LLC'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$7,140

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$104,097 · 0.61%
2023$105,173 · 0.89%
2022$45,025 · 0.76%
Same employer
Similar plansRetail Trade · California
Fairway Market III CA$19.3M · 0.23%
Majco LLC CA$19.2M · 0.45%
Thredup Inc. CA$18.5M · 0.40%
Weee Inc. CA$18.2M · 0.11%
Knight Holdings, Inc. CA$18.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824787118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.