Plan Ledger DOL Form 5500 · updated monthly

Fremont Automobile Dealership, LLC dba Fremont Toyota401(k)

TORIAN HOLDINGS RETIREMENT PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Fremont Automobile Dealership, LLC dba Fremont Toyota reported $91,766 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,315 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 0.48% to 0.45%. 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 3,439th-largest of 9,483 plans among California employers on file, and the 1,367th of 5,215 in retail trade. In 2024, employees put in $4.23 for every $1.00 the employer contributed; active participation has grown from 263 to 311 since 2022.

Plan summary
Net assets, end of year$21,669,220
Participants with balances345
Active participants311
Employer contributions$408,910
Employee contributions$1,730,415
Employer contribution per active participant$1,315
Average account balance$62,809
Benefits paid to participants$2,503,446
Plan auditUnmodified (clean) audit opinion
AuditorBFBA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 345 accts · $409K emplr
2023$19.5M · 264 accts · $450K emplr
2022$20.2M · 362 accts · $473K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,510
Investment management$47,256
Total administrative$91,766
The Fremont Automobile Dealership, LLC dba Fremont Toyota 401(k) match · 2024
Employer contribution per active participant$1,315
Median for plans this size$2,416
2024$1,315 per active participant
2023$1,722 per active participant
2022$1,798 per active participant

Fremont Automobile Dealership, LLC dba Fremont Toyota'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,510
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$31,858
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$13,340

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$91,766 · 0.45%
2023$102,478 · 0.52%
2022$104,617 · 0.48%
Similar plansRetail Trade · California
Harvey & Madding, Inc CA$22.4M · 0.51%
Fabfitfun, Inc. CA$22.1M · 0.13%
Allbirds, Inc. CA$21.8M · 0.16%
Brilliant Earth, LLC CA$21.7M · 0.42%
Zero Motorcycles CA$21.1M · 0.59%
Komoto Pharmacy, Inc. CA$20.6M · 0.05%
Chef Works, Inc. CA$20.4M · 0.38%
Bps Supply Group CA$20.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943324237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.