Plan Ledger DOL Form 5500 · updated monthly

Volta Charging Industries, LLC401(k)

VOLTA CHARGING INDUSTRIES, LLC RETIREMENT TRUST · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Volta Charging Industries, LLC reported $65,371 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $511,603 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 1 year on file its reported administrative ratio rose from 0.28% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 4,502nd-largest of 9,483 plans among California employers on file, and the 933rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,289,753
Participants with balances229
Active participants1
Employer contributions$511,603
Employee contributions$1,379,959
Employer contribution per active participant$511,603
Average account balance$62,401
Benefits paid to participants$3,744,256
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history2
Yearassets · accounts · employer contribution
2024$14.3M · 229 accts · $512K emplr
2023$14.1M · 335 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,995
Investment management$4,376
Total administrative$65,371
The Volta Charging Industries, LLC 401(k) match · 2024
Employer contribution per active participant$511,603
Median for plans this size$2,416
2024$511,603 per active participant
2023$8,922 per active participant

Volta Charging Industries, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
FID INV INST OPS · Loan processing$60,995

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$65,371 · 0.46%
2023$35,222 · 0.28%
Same employer
Similar plansTransportation & Warehousing · California
Price Transfer, Inc. CA$15.8M · 0.61%
Watchpoint Logistics, Inc. CA$15.1M · 0.02%
Dreisbach Enterprises, Inc. CA$14.5M · 0.21%
Hecny America, Inc. CA$13.7M · 0.04%
Plastic Express CA$13.6M · 0.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 872637400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.