Plan Ledger DOL Form 5500 · updated monthly

Sonic Lighting, Inc.401(k)

SPYDER AUTO GROUP 401(K) PLAN · CITY OF INDUSTRY, CA · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Sonic Lighting, Inc. reported $3,241 in plan administrative expenses for 2023: 0.34% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,313 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 fell from 0.55% to 0.34%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (8,721st of 9,483), and 4,922nd of 5,215 in retail trade. In 2023, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,185,140
Participants with balances96
Active participants105
Employer contributions$137,839
Employee contributions$250,539
Employer contribution per active participant$1,313
Average account balance$12,345
Benefits paid to participants$80,039
Plan auditUnmodified (clean) audit opinion
AuditorIRENE P TSE, CPA
Plan history2
Yearassets · accounts · employer contribution
2023$1.2M · 96 accts · $138K emplr
2022$717K · 103 accts · $143K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,241
Total administrative$3,241
The Sonic Lighting, Inc. 401(k) match · 2023
Employer contribution per active participant$1,313
Median for plans this size$522
2023$1,313 per active participant
2022$1,320 per active participant

Sonic Lighting, Inc.'s 2023 employer contribution ran above the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$3,241 · 0.34%
2022$3,209 · 0.55%
Similar plansRetail Trade · California
Mass Automotive Group LLC CA$1.2M · 2.09%
Sanctuary Clothing LLC CA$1.2M · 1.29%
Marketon, Inc. CA$1.2M · 0.90%
Orange Coast Infiniti CA$1.1M · 0.31%
Win Chevrolet Inc CA$1.1M · 0.01%
La Reina Markets LLC CA$1.1M · 1.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272540793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.