Plan Ledger DOL Form 5500 · updated monthly

MG24 Investments, LLC dba Gosch Ford of Temecula401(k)

MG24 INVESTMENTS, LLC 401(K) PLAN · TEMECULA, CA · plan year 2024

Reported admin expense ratio · 2024
1.09%

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

MG24 Investments, LLC dba Gosch Ford of Temecula reported $167,629 in plan administrative expenses for 2024: 1.09% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,689 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 4,733rd-largest of 9,483 plans among California employers on file, and the 2,119th of 5,215 in retail trade. In 2024, employees put in $7.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,104,482
Participants with balances246
Active participants17
Employer contributions$164,717
Employee contributions$1,277,751
Employer contribution per active participant$9,689
Average account balance$53,270
Benefits paid to participants$2,975,340
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,570
Total administrative$167,629
The MG24 Investments, LLC dba Gosch Ford of Temecula 401(k) match · 2024
Employer contribution per active participant$9,689
Median for plans this size$2,416

MG24 Investments, LLC dba Gosch Ford of Temecula's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$45,218
BENEFIT EQUITY INC. · Recordkeeping · Loan processing$19,766
TRANSITION FINANCE STRATEGIES LLC · Recordkeeping · Loan processing$19,680
BANK OF AMERICA NA · Investment advisory (plan)$38,589

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$167,629 · 1.09%
Similar plansRetail Trade · California
Santa Margarita Ford CA$13.3M · 0.07%
Dollar Shave Club CA$13.2M · 0.31%
Grove Collaborative, Inc. CA$13.1M · 0.56%
Pete's Road Service, Inc. CA$13.0M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 993027178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.