Plan Ledger DOL Form 5500 · updated monthly

Sbl Auto, Inc. dba South Bay Lex401(k)

SBL AUTO, INC. DBA SOUTH BAY LEXUS 401(K) RETIREMENT SERVICES · TORRANCE, CA · plan year 2022

Reported admin expense ratio · 2022
0.94%

Sbl Auto, Inc. dba South Bay Lex reported $27,358 in plan administrative expenses for 2022: 0.94% of average plan assets, higher than ~75% of peers. 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 (7,953rd of 9,483), and 4,422nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,781,824
Participants with balances58
Active participants114
Employer contributions—
Employee contributions$352,260
Employer contribution per active participant—
Average account balance$47,962
Benefits paid to participants$91,267
Plan auditUnmodified (clean) audit opinion
AuditorKIRSCH KOHN & BRIDGE
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$27,358 · 0.94%
Same employer
Similar plansRetail Trade · California
H & H Drug Stores Inc. CA$2.8M · 0.20%
First Class Vending, Inc. CA$2.8M · 0.04%
Toolworks, Inc. CA$2.8M · 0.99%
Skin Laundry CA$2.8M · 0.20%
Amain Com Inc CA$2.8M · 1.06%
Smothers & White, Inc. CA$2.8M · 0.58%
Simpson Irvine, Inc. CA$2.7M · 0.58%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330361030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.