Plan Ledger DOL Form 5500 · updated monthly

K Motors, Inc.401(k)

K MOTORS, INC. 401(K) PLAN · EL CAJON, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

K Motors, Inc. reported $32,791 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $418 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 rose from 0.02% to 0.18%. 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 3,667th-largest of 9,483 plans among California employers on file, and the 1,467th of 5,215 in retail trade. In 2024, employees put in $9.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,759,015
Participants with balances442
Active participants398
Employer contributions$166,486
Employee contributions$1,626,438
Employer contribution per active participant$418
Average account balance$44,704
Benefits paid to participants$599,870
Plan auditUnmodified (clean) audit opinion
AuditorGYL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 442 accts · $166K emplr
2023$16.6M · 247 accts · $148K emplr
2022$13.2M · 301 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,791
Total administrative$32,791
The K Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$418
Median for plans this size$2,416
2024$418 per active participant
2023$356 per active participant
2022$343 per active participant

K Motors, Inc.'s 2024 employer contribution ran below the $2,416 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
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$32,791

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$32,791 · 0.18%
2023$4,796 · 0.03%
2022$1,962 · 0.02%
Same employer
Similar plansRetail Trade · California
Komoto Pharmacy, Inc. CA$20.6M · 0.05%
Chef Works, Inc. CA$20.4M · 0.38%
Bps Supply Group CA$20.4M · 0.31%
G & M Oil Co., Inc. CA$20.2M · 0.81%
Autoweb Inc. CA$19.7M · 0.23%
Super Care Inc CA$19.6M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330417241 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.