Plan Ledger DOL Form 5500 · updated monthly

Go Car Wash Management, Corp401(k)

GO CARWASH CORP 401(K) PLAN AND TRUST · GREENWOOD VILLAGE, CO · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Go Car Wash Management, Corp reported $32,306 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $388 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 0.82% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Colorado (1,051st of 1,461), and 2,285th of 3,341 in other services. In 2024, employees put in $4.45 for every $1.00 the employer contributed; active participation has grown from 717 to 805 since 2022.

Plan summary
Net assets, end of year$5,037,001
Participants with balances1,999
Active participants805
Employer contributions$312,306
Employee contributions$1,388,552
Employer contribution per active participant$388
Average account balance$2,520
Benefits paid to participants$640,636
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 1,999 accts · $312K emplr
2023$3.4M · 1,467 accts · $267K emplr
2022$2.2M · 1,055 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,306
Total administrative$32,306
The Go Car Wash Management, Corp 401(k) match · 2024
Employer contribution per active participant$388
Median for plans this size$1,313
2024$388 per active participant
2023$329 per active participant
2022$296 per active participant

Go Car Wash Management, Corp'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
ADP, INC. · Loan processing · Recordkeeping$32,305

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$32,306 · 0.76%
2023$22,044 · 0.79%
2022$12,239 · 0.82%
Same employer
Similar plansOther Services · Colorado
Outreach Inc CO$6.3M · 1.02%
Mader Corporation CO$6.2M · 0.67%
Streamline Brands CO$4.8M · 1.14%
Cadence International CO$4.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832828355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.