Plan Ledger DOL Form 5500 · updated monthly

Noarus Tgg dba Toyota Place401(k)

NOARUS AUTO GROUP 401(K) PLAN · GARDEN GROVE, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Noarus Tgg dba Toyota Place reported $55,879 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $571 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 3 years on file its reported administrative ratio has held roughly steady near 0.207%. 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 2,794th-largest of 9,483 plans among California employers on file, and the 1,086th of 5,215 in retail trade. In 2024, employees put in $8.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,414,073
Participants with balances455
Active participants350
Employer contributions$200,000
Employee contributions$1,703,882
Employer contribution per active participant$571
Average account balance$62,449
Benefits paid to participants$2,491,562
Plan auditUnmodified (clean) audit opinion
AuditorLSL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.4M · 455 accts · $200K emplr
2023$25.5M · 453 accts · $300K emplr
2022$23.0M · 458 accts · $300K emplr
Administrative expenses, itemized · 2024
Investment management$55,879
Total administrative$55,879
The Noarus Tgg dba Toyota Place 401(k) match · 2024
Employer contribution per active participant$571
Median for plans this size$2,416
2024$571 per active participant
2023$872 per active participant
2022$804 per active participant

Noarus Tgg dba Toyota Place'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 · 20244
CPS EMPLOYER BENEFIT INSURANCES$16,041
VOYA RETIREMENT ADVISORS LLC · Investment advisory (participants)$15,771
QUALIFIED SERVICES INC DBA HICKS · Other servicesindirect 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$55,879 · 0.21%
2023$47,592 · 0.20%
2022$52,521 · 0.21%
Same employer
Similar plansRetail Trade · California
Torrid LLC CA$29.2M · 0.05%
Jim Burke Ford CA$28.8M · 0.24%
D. Shelly Group, Inc. CA$28.1M · 0.28%
Ecoatm LLC CA$28.1M · 0.19%
Florexpo, LLC. CA$27.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330254740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.