Plan Ledger DOL Form 5500 · updated monthly

Motor Vehicle Software Corporation401(k)

MOTOR VEHICLE SOFTWARE CORPORATION 401(K) PLAN · AGOURA HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Motor Vehicle Software Corporation reported $91,214 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,811 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 fell from 0.60% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 3,878th-largest of 9,483 plans among California employers on file, and the 1,079th of 2,199 in information & media. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 365 to 435 since 2022.

Plan summary
Net assets, end of year$18,170,442
Participants with balances287
Active participants435
Employer contributions$787,656
Employee contributions$1,606,802
Employer contribution per active participant$1,811
Average account balance$63,312
Benefits paid to participants$627,208
Plan auditUnmodified (clean) audit opinion
AuditorHOLTHOUSE, CARLIN & VAN TRIQT LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 287 accts · $788K emplr
2023$14.3M · 258 accts · $717K emplr
2022$10.3M · 236 accts · $606K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,178
Investment management$40,036
Total administrative$91,214
The Motor Vehicle Software Corporation 401(k) match · 2024
Employer contribution per active participant$1,811
Median for plans this size$2,416
2024$1,811 per active participant
2023$1,928 per active participant
2022$1,661 per active participant

Motor Vehicle Software Corporation's 2024 employer contribution ran below the $2,416 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 · 20242
JOHN HANCOCK USA · Recordkeeping · Investment management$43,953
MERRILL LYNCH · Investment advisory (participants)$40,036

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$91,214 · 0.56%
2023$67,986 · 0.55%
2022$63,038 · 0.60%
Same employer
Similar plansInformation & Media · California
Domino Data Lab Inc. CA$18.6M · 0.38%
Hover Inc. CA$18.3M · 0.02%
Jitterbit, Inc. CA$18.2M · 0.30%
Nativo, Inc. CA$18.2M · 0.01%
Matrixx Software Inc. CA$18.1M · 0.46%
The Qt Company CA$17.7M · 0.23%
Comparenetworks, Inc. CA$17.6M · 0.25%
Frontapp, Inc. CA$17.4M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 202621720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.