Plan Ledger DOL Form 5500 · updated monthly

Scrub-A-Dub Auto Wash Centers, Inc.401(k)

SCRUB-A-DUB 401(K) RETIREMENT PLAN · NATICK, MA · plan year 2022

Reported admin expense ratio · 2022
0.91%

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

Scrub-A-Dub Auto Wash Centers, Inc. reported $43,136 in plan administrative expenses for 2022: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $730 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 0.91% to 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Massachusetts (2,298th of 2,726), and 1,613th of 2,677 in transportation & warehousing. In 2022, employees put in $2.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,128,206
Participants with balances134
Active participants159
Employer contributions$116,043
Employee contributions$285,815
Employer contribution per active participant$730
Average account balance$38,270
Benefits paid to participants$90,415
Plan auditUnmodified (clean) audit opinion
AuditorRYAN & COSCIA PC
Plan history2
Yearassets · accounts · employer contribution
2023$4.5M · 92 accts · $131K emplr
2022$5.1M · 134 accts · $116K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$43,136
Total administrative$43,136
The Scrub-A-Dub Auto Wash Centers, Inc. 401(k) match · 2022
Employer contribution per active participant$730
Median for plans this size$1,114
2023$880 per active participant
2022$730 per active participant

Scrub-A-Dub Auto Wash Centers, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$48,809 · 1.02%
2022$43,136 · 0.91%
Similar plansTransportation & Warehousing · Massachusetts
Aa Transportation, Inc. MA$6.3M · 1.23%
H&L Bloom Inc. MA$5.9M · 0.18%
Tremblays Bus Company MA$5.1M · 0.11%
Xpress Natural Gas, LLC MA$5.1M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042990833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.