Plan Ledger DOL Form 5500 · updated monthly

Walter's Auto Sales and Service Inc.401(k)

WALTER'S 401(K) RETIREMENT PLAN · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Walter's Auto Sales and Service Inc. reported $16,870 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $91 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 0.22% to 0.14%. 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 (4,851st of 9,483), and the 2,196th of 5,215 in retail trade. In 2024, employees put in $54.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,589,706
Participants with balances249
Active participants332
Employer contributions$30,216
Employee contributions$1,650,472
Employer contribution per active participant$91
Average account balance$50,561
Benefits paid to participants$2,084,801
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 249 accts · $30K emplr
2023$11.4M · 261 accts · $78K emplr
2022$9.0M · 227 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,575
Audit (IQPA)$8,295
Total administrative$16,870
The Walter's Auto Sales and Service Inc. 401(k) match · 2024
Employer contribution per active participant$91
Median for plans this size$2,416
2024$91 per active participant
2023$251 per active participant

Walter's Auto Sales and Service Inc.'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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$8,575
FORVIS · Accounting / audit$8,295

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$16,870 · 0.14%
2023$14,345 · 0.14%
2022$21,400 · 0.22%
Same employer
Similar plansRetail Trade · California
Vista Ford Inc. CA$12.9M · 0.54%
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%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952510592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.