Benchmarking Riverside Metro Auto Group 401(K) Plan in Riverside, CA against all plans
Riverside Metro Auto Group 401(K) Plan in Riverside, CA has the 9th-lowest total administrative expense per participant ($24.61) of the 62 California plans whose industry group is Automobile Dealers. That $24.61 compares to an average of $151.42 across those 62 plans.
Beating the average of $151.42 means a decrease of $40,325 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Riverside Metro Auto Group 401(K) Plan has these standings among those 62 peer plans:
Beating the average of $151.42 means a decrease of $40,325 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Riverside Metro Auto Group 401(K) Plan has these standings among those 62 peer plans:
- total administrative expense per participant = $24.61 (9th-lowest)
- total administrative expenses = $7,825 (12th-lowest)
- total participants = 318 (27th-fewest)
Visualize
Peers
beat out by Pacific Automotive Group 401(K) Plan in Daly City, CA ($6.00), The Employees 401k Plan of Mark Christopher Chevrolet, Inc. in Ontario, CA ($6.76), K Motors, Inc. 401(K) Plan in El Cajon, CA ($7.21), and D. Shelly Group, Inc. 401(K) Retirement Savings Plan in Irvine, CA ($8.14), and 4 others, ending with Motor City 401(K) Savings & Investment Plan in Bakersfield, CA ($19.56).
beat Selman Chevrolet's 401(K) Savings Plan in Orange, CA ($25.99), Boardwalk Auto Center, Inc. Profit Sharing 401(K) Plan in Redwood City, CA ($29.11), Mossy Companies Salary Deferral 401(K) Profit Sharing Plan in San Diego, CA ($30.01), and Trophy Automotive Dealer Group LLC 401(K) Plan in Los Angeles, CA ($31.39), and 49 others, ending with Chuck Patterson, Inc. 401(K) Profit Sharing Plan in Chico, CA ($614.76).
beat Selman Chevrolet's 401(K) Savings Plan in Orange, CA ($25.99), Boardwalk Auto Center, Inc. Profit Sharing 401(K) Plan in Redwood City, CA ($29.11), Mossy Companies Salary Deferral 401(K) Profit Sharing Plan in San Diego, CA ($30.01), and Trophy Automotive Dealer Group LLC 401(K) Plan in Los Angeles, CA ($31.39), and 49 others, ending with Chuck Patterson, Inc. 401(K) Profit Sharing Plan in Chico, CA ($614.76).
References
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in state. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.