Plan Ledger DOL Form 5500 · updated monthly

Petrol Advertising, Inc.401(k)

PETROL ADVERTISING, INC. 401(K) PROFIT SHARING PLAN · BURBANK, CA · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Petrol Advertising, Inc. reported $21,419 in plan administrative expenses for 2023: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,338 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 1 year on file its reported administrative ratio rose from 0.26% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,947th of 9,483), and 8,592nd of 11,654 in professional & technical services. In 2023, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,253,742
Participants with balances98
Active participants75
Employer contributions$175,328
Employee contributions$614,326
Employer contribution per active participant$2,338
Average account balance$84,222
Benefits paid to participants$949,727
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$8.3M · 98 accts · $175K emplr
2022$7.2M · 108 accts · $162K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,393
Investment management$19,026
Total administrative$21,419
The Petrol Advertising, Inc. 401(k) match · 2023
Employer contribution per active participant$2,338
Median for plans this size$1,308
2023$2,338 per active participant
2022$1,956 per active participant

Petrol Advertising, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CAMBRIDGE INVESTMENT GROUP · Recordkeeping · Trustee$19,026
ADP, INC. · Loan processing · Recordkeeping$2,392
ADP BROKER-DEALERindirect comp

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

Administrative cost history2
2023$21,419 · 0.28%
2022$20,364 · 0.26%
Similar plansProfessional & Technical Services · California
Cti III LLC CA$8.3M · 0.61%
Viacyte, Inc. CA$8.3M · 0.27%
Arceo Labs Inc CA$8.3M · 0.51%
Solo W-2, Inc. CA$8.2M · 0.30%
H.R. Options, Inc. CA$8.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842171339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.