Plan Ledger DOL Form 5500 · updated monthly

Sf Motors, Inc.401(k)

SF MOTORS 401(K) PLAN · MILPITAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Sf Motors, Inc. reported $10,425 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,374 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 rose from 0.00% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (4,915th of 9,483), and 7,932nd of 13,661 in manufacturing. In 2024, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,305,061
Participants with balances207
Active participants42
Employer contributions$183,728
Employee contributions$575,569
Employer contribution per active participant$4,374
Average account balance$59,445
Benefits paid to participants$1,357,272
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTIONS, CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 207 accts · $184K emplr
2023$10.2M · 177 accts · $227K emplr
2022$8.6M · 186 accts · $113K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,675
Audit (IQPA)$8,750
Total administrative$10,425
The Sf Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$4,374
Median for plans this size$2,416
2024$4,374 per active participant
2023$4,736 per active participant
2022$2,460 per active participant

Sf Motors, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
AUDIT AND TAX SOLUTIONS CPAS INC. · Accounting / audit$8,750
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,675

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$10,425 · 0.09%
2023$75 · 0.00%
2022$394 · 0.00%
Similar plansManufacturing · California
Merical, Inc. CA$12.4M · 0.83%
Neology, Inc. CA$12.4M · 0.66%
Nation's Foodservice, Inc. CA$12.3M · 0.58%
Linksys USA, Inc. CA$12.3M · 0.31%
Intuity Medical, Inc. CA$12.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811258513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.