Plan Ledger DOL Form 5500 · updated monthly

Kaizen Auto Care, LLC401(k)

KAIZEN AUTO CARE, LLC 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
1.70%

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

Kaizen Auto Care, LLC reported $103,653 in plan administrative expenses for 2024: 1.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,516 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 0.68% to 1.70%. 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 Arizona (719th of 1,285), and 2,021st of 3,341 in other services. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,991,323
Participants with balances357
Active participants481
Employer contributions$729,163
Employee contributions$1,205,132
Employer contribution per active participant$1,516
Average account balance$19,584
Benefits paid to participants$1,141,091
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 357 accts · $729K emplr
2023$5.2M · 419 accts · $786K emplr
2022$2.3M · 451 accts · $444K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,653
Total administrative$103,653
The Kaizen Auto Care, LLC 401(k) match · 2024
Employer contribution per active participant$1,516
Median for plans this size$1,313
2024$1,516 per active participant
2023$1,369 per active participant
2022$928 per active participant

Kaizen Auto Care, LLC's 2024 employer contribution ran above the $1,313 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$90,084
CETERA RETIREMENT PLAN SPECIALISTS · Contract administrator · Other services$13,569
CETERA ADVISORS LLC · Investment advisory (plan)indirect comp
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)indirect comp

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$103,653 · 1.70%
2023$67,676 · 1.80%
2022$15,788 · 0.68%
Same employer
Similar plansOther Services · Arizona
Msr- Fsr, LLC AZ$7.3M · 0.48%
Sonoran Schools AZ$6.5M · 0.98%
Amity Foundation AZ$5.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464597239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.