Plan Ledger DOL Form 5500 · updated monthly

Toro Enterprises, Inc.401(k)

TORO ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN · OXNARD, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Toro Enterprises, Inc. reported $37,736 in plan administrative expenses for 2024: 0.30% 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.

Across the 2 years on file its reported administrative ratio rose from 0.27% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 4,673rd-largest of 9,483 plans among California employers on file, and the 2,643rd of 5,337 in construction. active participation has grown from 41 to 331 since 2022.

Plan summary
Net assets, end of year$13,468,478
Participants with balances140
Active participants331
Employer contributions$0
Employee contributions$1,076,690
Employer contribution per active participant$0
Average account balance$96,203
Benefits paid to participants$211,322
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 140 accts
2023$11.6M · 128 accts
2022$9.7M · 54 accts · $395K emplr
Administrative expenses, itemized · 2024
Investment management$37,736
Total administrative$37,736
The Toro Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

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

Service providers · 20243
SLWA LLC · Investment advisory (plan)$36,616
EMPOWER ADVISORY GROUP, LLC · Investment management$1,120

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$37,736 · 0.30%
2023$28,976 · 0.27%
2022$26,984 · 0.27%
Similar plansConstruction · California
S.R. Freeman, Inc. CA$13.8M · 0.62%
Sonray Solar, Inc. CA$13.7M · 0.55%
Southland Paving Inc. CA$13.7M · 0.63%
The Spanos Corporation CA$13.4M · 0.17%
Park West Landscape, Inc. CA$13.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770396663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.