Department of Labor filing

PEDERSEN TOYOTA SCION VOLVO

PEDERSEN TOYOTA SCION VOLVO 401(K) PLAN · For the plan year ended Dec 31, 2023

Public filing 2023 · received Oct 15, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

32filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$757

Reported employer contributions per active participant.

Higher than about 42% of comparable plans

#People in the filing

104

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$340 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 7% of comparable plans

↗Investment performance

Not available

Plan assets changed 8.7%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202332out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions42nd percentileTypical peer $893 · based on 937 comparable plans

Lower reported administrative expense7th percentileTypical peer $149 · based on 1,003 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, PEDERSEN TOYOTA SCION VOLVO reported $78,747 in employer contributions across the plan and 104 active participants. That works out to $757 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy74%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 8.6%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 5.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context32/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $78,747
Participant contributions: $417,712
Other contributions: $1,686
Employer share of reported contributions: 15.9%
Beginning assets: $5,761,394
Ending assets: $6,264,762
Ending net assets: $6,264,762
Ending liabilities: $0
Total income: $1,355,073
Total expenses: $828,212
Administrative expenses: $48,589
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$829

2023

$757

Plan-paid administrative expenses per participant

2022

$360

2023

$340

Active participants

2022

101

2023

104

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2023	$757	104	6.3M	20241015102101NAL0014392483001
2022	$829	101	5.8M	20231013153128NAL0022238179001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 840575256-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1981
Industry: Retail trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2H2J2K2S3D

Current plan terms

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Filing ACK_ID20241015102101NAL0014392483001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗