Plan Ledger DOL Form 5500 · updated monthly

US Auto Trust Newport Beach, LLC dba Aston Martin Newport Beach401(k)

US AUTO TRUST 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

US Auto Trust Newport Beach, LLC dba Aston Martin Newport Beach reported $51,662 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $496 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 0.41% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (4,857th of 9,483), and the 2,197th of 5,215 in retail trade. In 2024, employees put in $7.31 for every $1.00 the employer contributed; active participation has grown from 222 to 344 since 2022.

Plan summary
Net assets, end of year$12,569,683
Participants with balances199
Active participants344
Employer contributions$170,548
Employee contributions$1,246,834
Employer contribution per active participant$496
Average account balance$63,164
Benefits paid to participants$867,318
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 199 accts · $171K emplr
2023$10.2M · 160 accts · $92K emplr
2022$6.2M · 122 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,662
Total administrative$51,662
The US Auto Trust Newport Beach, LLC dba Aston Martin Newport Beach 401(k) match · 2024
Employer contribution per active participant$496
Median for plans this size$2,416
2024$496 per active participant
2023$256 per active participant
2022$405 per active participant

US Auto Trust Newport Beach, LLC dba Aston Martin Newport Beach'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$51,662
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$51,662 · 0.45%
2023$36,567 · 0.45%
2022$25,316 · 0.41%
Similar plansRetail Trade · California
Chuck Patterson, Inc. CA$12.8M · 1.00%
Cardenas Markets LLC CA$12.6M · 0.79%
Lumens, Inc. CA$12.5M · 0.60%
Commerce Media Holdings CA$12.4M · 0.12%
Serena & Lily, Inc. CA$12.3M · 0.34%
L.N. Curtis & Sons CA$12.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824628814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.