Plan Ledger DOL Form 5500 · updated monthly

Greenpower Motor Company Inc.401(k)

GREENPOWER MOTOR 401(K) PLAN · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Greenpower Motor Company Inc. reported $9,300 in plan administrative expenses for 2024: 1.03% of average plan assets, above the peer median. Employer contributions averaged $769 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (8,722nd of 9,483), and 13,203rd of 13,661 in manufacturing. In 2024, employees put in $3.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,184,541
Participants with balances165
Active participants127
Employer contributions$97,699
Employee contributions$382,531
Employer contribution per active participant$769
Average account balance$7,179
Benefits paid to participants$219,638
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINSON & BLOODGOOD LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,225
Investment management$6,075
Total administrative$9,300
The Greenpower Motor Company Inc. 401(k) match · 2024
Employer contribution per active participant$769
Median for plans this size$540

Greenpower Motor Company Inc.'s 2024 employer contribution ran above the $540 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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$3,225
ONE DIGITAL INVESTMENT ADV. · Investment advisory (plan)$6,075

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

Administrative cost history1
2024$9,300 · 1.03%
Similar plansManufacturing · California
Langer Juice Company CA$1.2M · 0.73%
Martinelli Winery Inc. CA$1.2M · 0.54%
Pinnpack LLC CA$1.2M · 0.08%
Ump, Inc. CA$1.1M · 0.99%
9TO5 Seating LLC CA$1.1M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464023773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.