Plan Ledger DOL Form 5500 · updated monthly

Oil Changer, Inc.401(k)

OIL CHANGER, INC. 401(K) PLAN · PLEASANTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Oil Changer, Inc. reported $54,749 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $442 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 0.64% to 0.59%. 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 California (5,259th of 9,483), and the 1,592nd of 3,341 in other services. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 484 to 1,153 since 2022.

Plan summary
Net assets, end of year$10,745,070
Participants with balances192
Active participants1,153
Employer contributions$509,748
Employee contributions$924,029
Employer contribution per active participant$442
Average account balance$55,964
Benefits paid to participants$245,543
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 192 accts · $510K emplr
2023$7.8M · 172 accts · $403K emplr
2022$5.3M · 136 accts · $295K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,326
Investment management$18,423
Total administrative$54,749
The Oil Changer, Inc. 401(k) match · 2024
Employer contribution per active participant$442
Median for plans this size$1,313
2024$442 per active participant
2023$568 per active participant
2022$610 per active participant

Oil Changer, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,326
MONETA GROUP INVESTMENT ADVISORS · Investment advisory (plan)$18,423

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$54,749 · 0.59%
2023$40,031 · 0.61%
2022$36,234 · 0.64%
Same employer
Similar plansOther Services · California
Vistability CA$10.8M · 0.01%
Data Exchange Corporation CA$10.8M · 0.02%
United Way, Inc. CA$10.8M · 0.02%
Echo Foundation CA$10.7M · 0.27%
Glide Foundation CA$10.6M · 0.93%
Thermo King Fresno, Inc. CA$10.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680031624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.