Plan Ledger DOL Form 5500 · updated monthly

Too Fast Inc, dba Del Amo Motorsports of Redondo Beach401(k)

DEL AMO MOTORSPORTS 401(K) PROFIT SHARING PLAN · REDONDO BEACH, CA · plan year 2022

Reported admin expense ratio · 2022
1.45%

Too Fast Inc, dba Del Amo Motorsports of Redondo Beach reported $4,342 in plan administrative expenses for 2022: 1.45% of average plan assets, above the peer median. 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 1.21% to 1.45%. 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 (9,188th of 9,483), and 5,104th of 5,215 in retail trade.

Plan summary
Net assets, end of year$305,976
Participants with balances33
Active participants215
Employer contributions—
Employee contributions$78,645
Employer contribution per active participant—
Average account balance$9,272
Benefits paid to participants$17,383
Plan auditUnmodified (clean) audit opinion
AuditorDE LA HOZ, PEREZ & BARBEITO, PLLC
Plan history2
Yearassets · accounts · employer contribution
2022$306K · 33 accts
2021$291K · 33 accts · $51K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,342
Total administrative$4,342
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
2022$4,342 · 1.45%
2021$2,663 · 1.21%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 330546509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.