Plan Ledger DOL Form 5500 · updated monthly

Qvale Auto Group, Inc.401(k)

QVALE AUTO GROUP EMPLOYEE SAVINGS INVESTMENT PLAN · SOTH SAN FRANSISCO, CA · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Qvale Auto Group, Inc. reported $50,923 in plan administrative expenses for 2023: 0.53% of average plan assets, above the peer median. Employer contributions averaged $1,336 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 0.62% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,397th of 9,483), and the 2,594th of 5,215 in retail trade. In 2023, employees put in $2.88 for every $1.00 the employer contributed; active participation has shrunk from 99 to 88 since 2022.

Plan summary
Net assets, end of year$10,198,997
Participants with balances359
Active participants88
Employer contributions$117,534
Employee contributions$338,797
Employer contribution per active participant$1,336
Average account balance$28,409
Benefits paid to participants$621,776
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 359 accts · $102K emplr
2023$10.2M · 359 accts · $118K emplr
2022$8.8M · 319 accts · $66K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$50,923
Total administrative$50,923
The Qvale Auto Group, Inc. 401(k) match · 2023
Employer contribution per active participant$1,336
Median for plans this size$1,308
2024$1,161 per active participant
2023$1,336 per active participant
2022$669 per active participant

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

Service providers · 20235
PENTEGRA SERVICES INC · Contract administrator$19,830
RAYMOND JAMES · Investment advisory (plan) · Consulting$7,500
CONCURRECT INVESTMENT ADVISORS LLC · Investment advisory (plan)$7,500
EMPOWER ADVISORY GROUP, LLC · Investment management$3,505

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$53,334 · 0.59%
2023$50,923 · 0.53%
2022$73,499 · 0.62%
Similar plansRetail Trade · California
Pirch, Inc. CA$10.3M · 0.99%
Mancini Sleep World, Inc. CA$10.2M · 0.30%
Cranbrook Partner, Inc. CA$10.1M · 0.01%
Sanrio, Inc. CA$10.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 946367002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.