Plan Ledger DOL Form 5500 · updated monthly

Spreen, Inc. dba Spreen Honda401(k)

SPREEN AUTOMOTIVE 401(K) RETIREMENT SAVINGS PLAN · LOMA LINDA, CA · plan year 2022

Reported admin expense ratio · 2022
1.09%

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

Spreen, Inc. dba Spreen Honda reported $5,422 in plan administrative expenses for 2022: 1.09% of average plan assets, above the peer median. Employer contributions averaged $0 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (9,015th of 9,483), and 5,041st of 5,215 in retail trade.

Plan summary
Net assets, end of year$619,865
Participants with balances50
Active participants186
Employer contributions$0
Employee contributions$343,631
Employer contribution per active participant$0
Average account balance$12,397
Benefits paid to participants$22,989
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,422
Total administrative$5,422
The Spreen, Inc. dba Spreen Honda 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Spreen, Inc. dba Spreen Honda's 2022 employer contribution ran below the $331 median for plans its size, in the bottom 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$5,422 · 1.09%
Same employer
Similar plansRetail Trade · California
Stars Intervention Inc CA$675K · 1.72%
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Mitsuwa Corporation CA$651K · 1.29%
Xtra Oil Company CA$611K · 0.01%
The Perfect Workout, Inc. CA$607K · 2.73%
Young La CA$517K · 0.40%
Bear Flag Fish Co. CA$503K · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330027565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.