Hoffman Car Wash 401(k) match, vesting and fees

Plan year 2025 filingHoffman Car Wash, Inc. Retirement Plan · Plan 001 · EIN 14-1515338Updated Oct 2026

What Hoffman Car Wash's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $1M in employer contributions, about $2,301 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$78,778
Average account balance
446
Participants (end of year)
$34.3M
Plan assets (end of year)
0.29%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperEmpower Life & Annuity Ins Co NySchedule C ↗
Independent auditorTrout Cpa (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2025 medians for 942 defined-contribution plans in other services with 100 to 499 participants.

Hoffman Car Wash: employer contribution per participant$2,301
Peer median$1,890
Hoffman Car Wash: average balance$78,778
Peer median$56,033
Hoffman Car Wash: admin expenses ÷ assets0.29%
Peer median0.37%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $26.1M at the end of plan year 2021 to $34.3M at the end of plan year 2025.

$26.1M2021$22.3M2022$26.3M2023$30.6M2024$34.3M2025
End-of-year figures from each plan year's Form 5500 filing for the Hoffman Car Wash plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025446$34.3M$1M$2,3010.29%Not publishedForm 5500 ↗
2024465$30.6M$952K$2,1160.25%Not publishedForm 5500 ↗
2023427$26.3M$840K$2,0230.54%Not publishedForm 5500 ↗
2022413$22.3M$791K$1,9720.56%Not publishedForm 5500 ↗
2021429$26.1M$856K$2,0970.43%Not publishedForm 5500 ↗

Common questions

Does Hoffman Car Wash match 401(k) contributions?

The match terms for the Hoffman Car Wash, Inc. Retirement Plan have not been published from its filing yet. The plan year 2025 filing reports $1M in employer contributions, about $2,301 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Hoffman Car Wash 401(k) match vested?

The vesting schedule for the Hoffman Car Wash, Inc. Retirement Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Hoffman Car Wash 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Empower Life & Annuity Ins Co Ny. The plan administrator is Hoffman Car Wash, Inc..

I left Hoffman Car Wash. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Hoffman Car Wash, Inc., (518) 862-1658) or the recordkeeper, Empower Life & Annuity Ins Co Ny. The Hoffman Car Wash old 401(k) page lists the contacts from every plan filing. Find an old Hoffman Car Wash 401(k)

Data from the public Form 5500 annual reports Hoffman Car Wash filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Hoffman Car Wash. Not financial advice. Report a correction · Methodology