Plan Ledger DOL Form 5500 · updated monthly

Fremont Automotive Retailing Group, Inc.401(k)

FREMONT AUTOMOTIVE RETAILING GROUP, INC. 401(K) PLAN · FREMONT, CA · plan year 2023

Reported admin expense ratio · 2023
1.00%

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

Fremont Automotive Retailing Group, Inc. reported $39,856 in plan administrative expenses for 2023: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,050 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 1 year on file its reported administrative ratio fell from 1.09% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (7,167th of 9,483), and 3,901st of 5,215 in retail trade. In 2023, employees put in $3.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,538,806
Participants with balances202
Active participants114
Employer contributions$119,712
Employee contributions$420,092
Employer contribution per active participant$1,050
Average account balance$22,469
Benefits paid to participants$21,890
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $89K emplr
2023$4.5M · 202 accts · $120K emplr
2022$3.5M · 195 accts · $128K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$39,856
Total administrative$39,856
The Fremont Automotive Retailing Group, Inc. 401(k) match · 2023
Employer contribution per active participant$1,050
Median for plans this size$1,308
2023$1,050 per active participant
2022$1,189 per active participant

Fremont Automotive Retailing Group, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
WELLS FARGO ADVISORS LLC · Investment advisory (participants)$9,681

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$39,856 · 1.00%
2022$39,552 · 1.09%
Similar plansRetail Trade · California
Lolas Market, Inc. CA$4.6M · 0.89%
Johnny Was, LLC CA$4.5M · 0.86%
Orw USA, Inc. CA$4.5M · 0.28%
Keller Motors CA$4.5M · 0.09%
Headlands Ventures LLC CA$4.4M · 0.46%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262231599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.