Plan Ledger DOL Form 5500 · updated monthly

Automated Gate Services, Inc.401(k)

AUTOMATED GATE SERVICES, INC. 401(K) PLAN · CORONA, CA · plan year 2022

Reported admin expense ratio · 2022
0.42%

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

Automated Gate Services, Inc. reported $7,219 in plan administrative expenses for 2022: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,464 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,260th of 9,483), and 1,918th of 2,534 in administrative & support services. In 2022, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,111,087
Participants with balances94
Active participants141
Employer contributions$206,373
Employee contributions$454,520
Employer contribution per active participant$1,464
Average account balance$22,458
Benefits paid to participants$82,740
Plan auditUnmodified (clean) audit opinion
AuditorALMICH & ASSOCIATES, AN ACCOUNTANCY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,219
Total administrative$7,219
The Automated Gate Services, Inc. 401(k) match · 2022
Employer contribution per active participant$1,464
Median for plans this size$1,114

Automated Gate Services, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,219 · 0.42%
Similar plansAdministrative & Support Services · California
Kineticom, Inc. CA$2.2M · 1.13%
Trysparrow.com, Inc. CA$2.1M · 1.21%
Executive Landscape, Inc. CA$2.1M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330991373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.