Plan Ledger DOL Form 5500 · updated monthly

Turn 2 AG, LLC dba Honda World401(k)

HONDA WORLD DOWNEY 401(K) PLAN · DOWNEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Turn 2 AG, LLC dba Honda World reported $19,919 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $467 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 0.23% to 0.22%. 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 (5,485th of 9,483), and 2,647th of 5,215 in retail trade. In 2024, employees put in $12.89 for every $1.00 the employer contributed; active participation has grown from 78 to 101 since 2022.

Plan summary
Net assets, end of year$9,895,979
Participants with balances122
Active participants101
Employer contributions$47,180
Employee contributions$608,057
Employer contribution per active participant$467
Average account balance$81,115
Benefits paid to participants$277,022
Plan auditUnmodified (clean) audit opinion
AuditorYULISHANA, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 122 accts · $47K emplr
2023$8.6M · 120 accts · $58K emplr
2022$7.1M · 117 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,700
Investment management$16,869
Total administrative$19,919
The Turn 2 AG, LLC dba Honda World 401(k) match · 2024
Employer contribution per active participant$467
Median for plans this size$1,313
2024$467 per active participant
2023$547 per active participant
2022$769 per active participant

Turn 2 AG, LLC dba Honda World's 2024 employer contribution ran below the $1,313 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 · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$12,291

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$19,919 · 0.22%
2023$19,350 · 0.25%
2022$16,988 · 0.23%
Same employer
Similar plansRetail Trade · California
Porto's Bakery, Inc. CA$10.0M · 0.39%
Concord Feed & Fuel, Inc. CA$10.0M · 0.01%
Samys Camera, Inc. CA$9.9M · 0.61%
Kiwico, Inc. CA$9.9M · 0.18%
South Bay Ford CA$9.9M · 0.49%
Shift Technologies, Inc. CA$9.8M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823338966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.