Plan Ledger DOL Form 5500 · updated monthly

Majco LLC401(k)

MAJCO LLC DBA BIG BRAND TIRE & SERVICE 401(K) PROFIT SHARING PLAN · MOORPARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Majco LLC reported $75,017 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $619 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 0.17% to 0.45%. 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 3,738th-largest of 9,483 plans among California employers on file, and the 1,508th of 5,215 in retail trade. In 2024, employees put in $4.02 for every $1.00 the employer contributed; active participation has grown from 976 to 1,416 since 2022.

Plan summary
Net assets, end of year$19,226,941
Participants with balances1,505
Active participants1,416
Employer contributions$876,117
Employee contributions$3,521,052
Employer contribution per active participant$619
Average account balance$12,775
Benefits paid to participants$1,438,675
Plan auditUnmodified (clean) audit opinion
AuditorSOARES, SANDELL, BERNACCHI & PE
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 1,505 accts · $876K emplr
2023$14.2M · 1,268 accts · $658K emplr
2022$11.8M · 1,071 accts · $522K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,017
Total administrative$75,017
The Majco LLC 401(k) match · 2024
Employer contribution per active participant$619
Median for plans this size$2,416
2024$619 per active participant
2023$585 per active participant
2022$535 per active participant

Majco LLC'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$75,017

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$75,017 · 0.45%
2023$102,949 · 0.79%
2022$20,119 · 0.17%
Same employer
Similar plansRetail Trade · California
Fairway Market III CA$19.3M · 0.23%
Thredup Inc. CA$18.5M · 0.40%
Weee Inc. CA$18.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952649100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.