Plan Ledger DOL Form 5500 · updated monthly

J. Velarde, Inc. dba Chrysler Jeep Dodge Center401(k)

J. VELARDE, INC. 401(K) PROFIT SHARING PLAN · INDIO, CA · plan year 2024

Reported admin expense ratio · 2024
1.35%

J. Velarde, Inc. dba Chrysler Jeep Dodge Center reported $37,179 in plan administrative expenses for 2024: 1.35% of average plan assets, higher than ~90% of peers. 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 rose from 1.20% to 1.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (7,833rd of 9,483), and 4,341st of 5,215 in retail trade.

Plan summary
Net assets, end of year$3,026,395
Participants with balances137
Active participants137
Employer contributions—
Employee contributions$364,670
Employer contribution per active participant—
Average account balance$22,090
Benefits paid to participants$97,473
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 137 accts
2023$2.5M · 139 accts
2022$2.6M · 134 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,179
Total administrative$37,179
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
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$22,967
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$14,212

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024$37,179 · 1.35%
2023$32,228 · 1.28%
2022$31,554 · 1.20%
Similar plansRetail Trade · California
Curated, Inc. CA$3.1M · 0.13%
Tapcart CA$3.1M · 0.12%
Ball Automotive Group CA$3.0M · 0.27%
Ed Wittmeier Ford Inc. CA$2.9M · 0.34%
Davis Food Co-Op CA$2.9M · 0.94%
Walter R. Hardester, Inc. CA$2.9M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208517651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.