Plan Ledger DOL Form 5500 · updated monthly

Parkhouse Tire Services, Inc.401(k)

EMPLOYEES' 401(K) PLAN OF PARKHOUSE TIRE SERVICE, INC. · BELL GARDENS, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Parkhouse Tire Services, Inc. reported $64,469 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,208 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 0.13% to 0.29%. 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 3,323rd-largest of 9,483 plans among California employers on file, and the 1,313th of 5,215 in retail trade. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has grown from 271 to 475 since 2022.

Plan summary
Net assets, end of year$22,734,936
Participants with balances406
Active participants475
Employer contributions$574,022
Employee contributions$1,585,787
Employer contribution per active participant$1,208
Average account balance$55,997
Benefits paid to participants$2,699,566
Plan auditUnmodified (clean) audit opinion
AuditorDUFFY KRUSPODIN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 406 accts · $574K emplr
2023$21.3M · 375 accts · $559K emplr
2022$19.1M · 323 accts · $431K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,615
Investment management$49,854
Total administrative$64,469
The Parkhouse Tire Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,208
Median for plans this size$2,416
2024$1,208 per active participant
2023$1,165 per active participant
2022$1,592 per active participant

Parkhouse Tire Services, Inc.'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 · 20242
B.RILEY WEALTH ADVISORS INC · Investment advisory (plan)$49,854
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,615

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$64,469 · 0.29%
2023$41,203 · 0.20%
2022$28,648 · 0.13%
Same employer
Similar plansRetail Trade · California
One Planet Group, LLC CA$23.5M · 0.21%
Chrome Hearts LLC CA$23.0M · 0.46%
Eminent Inc. CA$22.7M · 0.26%
Whatnot Inc CA$22.7M · 0.18%
The Honest Company, Inc. CA$22.6M · 0.41%
Harvey & Madding, Inc CA$22.4M · 0.51%
Fabfitfun, Inc. CA$22.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952761592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.