Plan Ledger DOL Form 5500 · updated monthly

Three Way Chevrolet Company401(k)

THREE WAY CHEVROLET CO. 401(K) PLAN · BAKERSFIELD, CA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Three Way Chevrolet Company reported $63,937 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $1,547 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 3 years on file its reported administrative ratio has held roughly steady near 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,736th of 9,483), and 2,840th of 5,215 in retail trade. In 2024, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,986,488
Participants with balances216
Active participants151
Employer contributions$233,581
Employee contributions$610,436
Employer contribution per active participant$1,547
Average account balance$41,604
Benefits paid to participants$363,873
Plan auditUnmodified (clean) audit opinion
AuditorROGERS, CLEM & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 216 accts · $234K emplr
2023$7.4M · 217 accts · $225K emplr
2022$6.0M · 200 accts · $195K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,734
Investment management$40,203
Total administrative$63,937
The Three Way Chevrolet Company 401(k) match · 2024
Employer contribution per active participant$1,547
Median for plans this size$1,313
2024$1,547 per active participant
2023$1,454 per active participant
2022$1,410 per active participant

Three Way Chevrolet Company's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$23,734
LC MORGAN STANLEY · Investment advisory (plan)$40,203

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,937 · 0.78%
2023$54,577 · 0.81%
2022$50,551 · 0.76%
Same employer
Similar plansRetail Trade · California
Turners Outdoors Inc. CA$9.4M · 0.01%
Unisource Solutions, Inc. CA$8.9M · 0.57%
Ardmore Home Design, Inc. CA$8.8M · 0.04%
New Age Investments CA$8.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952097019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.