Plan Ledger DOL Form 5500 · updated monthly

Sangera Automotive Group401(k)

SANGERA AUTOHAUS 401(K) PROFIT SHARING PLAN · BAKERSFIELD, CA · plan year 2022

Reported admin expense ratio · 2022
0.60%

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

Sangera Automotive Group reported $34,395 in plan administrative expenses for 2022: 0.60% of average plan assets, above the peer median. Employer contributions averaged $2,871 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (6,804th of 9,483), and 3,590th of 5,215 in retail trade. In 2022, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,621,947
Participants with balances69
Active participants103
Employer contributions$295,696
Employee contributions$591,390
Employer contribution per active participant$2,871
Average account balance$81,477
Benefits paid to participants$122,847
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,395
Total administrative$34,395
The Sangera Automotive Group 401(k) match · 2022
Employer contribution per active participant$2,871
Median for plans this size$1,114

Sangera Automotive Group's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$34,395 · 0.60%
Similar plansRetail Trade · California
Plaza Motors, Inc CA$5.7M · 0.22%
Trimon, Inc. CA$5.7M · 0.70%
Avalon Apparel, LLC CA$5.5M · 0.04%
Exclusive Wireless, Inc, CA$5.4M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952596660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.