Plan Ledger DOL Form 5500 · updated monthly

Toyota Carlsbad401(k)

OCEANSIDE AUTO COUNTRY, INC. PROFIT SHARING 401(K) PLAN · CARLSBAD, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Toyota Carlsbad reported $157,389 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $725 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 0.302%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 1,644th-largest of 9,483 plans among California employers on file, and the 609th of 5,215 in retail trade. In 2024, employees put in $10.29 for every $1.00 the employer contributed; active participation has grown from 468 to 556 since 2022.

Plan summary
Net assets, end of year$55,052,164
Participants with balances701
Active participants556
Employer contributions$403,128
Employee contributions$4,148,220
Employer contribution per active participant$725
Average account balance$78,534
Benefits paid to participants$5,098,158
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.1M · 701 accts · $403K emplr
2023$49.1M · 595 accts · $660K emplr
2022$42.1M · 620 accts · $694K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$157,389
Total administrative$157,389
The Toyota Carlsbad 401(k) match · 2024
Employer contribution per active participant$725
Median for plans this size$3,635
2024$725 per active participant
2023$1,367 per active participant
2022$1,484 per active participant

Toyota Carlsbad's 2024 employer contribution ran below the $3,635 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$157,388
SECURITIES AMERICA ADVISORS · Investment advisory (plan)indirect comp
OSAIC WEALTH INC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$157,389 · 0.30%
2023$138,117 · 0.30%
2022$134,735 · 0.30%
Same employer
Similar plansRetail Trade · California
Thumbtack, Inc. CA$58.4M · 0.00%
Norm Reeves, Inc. CA$58.1M · 0.21%
Mossy Nissan Inc CA$55.6M · 0.07%
Hims, Inc. CA$54.2M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952755513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.