Plan Ledger DOL Form 5500 · updated monthly

Truecar, Inc. and Subsidiaries401(k)

TRUECAR, INC. & SUBSIDIARIES 401(K) PLAN · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Truecar, Inc. and Subsidiaries reported $135,712 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $3,884 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 fell from 0.46% to 0.22%. 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 1,453rd-largest of 9,483 plans among California employers on file, and the 545th of 5,215 in retail trade. In 2024, employees put in $2.68 for every $1.00 the employer contributed; active participation has shrunk from 442 to 340 since 2022.

Plan summary
Net assets, end of year$63,544,062
Participants with balances728
Active participants340
Employer contributions$1,320,715
Employee contributions$3,536,159
Employer contribution per active participant$3,884
Average account balance$87,286
Benefits paid to participants$10,213,156
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.5M · 728 accts · $1.3M emplr
2023$59.9M · 767 accts · $1.3M emplr
2022$53.8M · 904 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,462
Investment management$55,000
Total administrative$135,712
The Truecar, Inc. and Subsidiaries 401(k) match · 2024
Employer contribution per active participant$3,884
Median for plans this size$3,635
2024$3,884 per active participant
2023$3,913 per active participant
2022$3,406 per active participant

Truecar, Inc. and Subsidiaries's 2024 employer contribution ran above the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$65,462
MMA SECURITIES · Investment advisory (plan)$55,000
DBB MCKENNON · Accounting / audit$15,250

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$135,712 · 0.22%
2023$89,395 · 0.16%
2022$272,769 · 0.46%
Same employer
Similar plansRetail Trade · California
99 Cents Only Stores LLC CA$72.5M · 0.23%
Fresno Truck Center CA$71.0M · 0.72%
Newegg Inc. CA$67.2M · 0.26%
The Niello Company CA$65.1M · 0.32%
Lamps Plus Inc CA$62.1M · 0.05%
Sitecore USA, Inc. CA$61.1M · 0.04%
The Realreal CA$60.8M · 0.63%
Sunroad Holding Corporation CA$60.8M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043807511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.