Plan Ledger DOL Form 5500 · updated monthly

Boys & Girls Clubs of Garden Grove, Inc.401(k)

EMPLOYEE BENEFIT PLAN OF BOYS & GIRLS CLUBS OF GARDEN GROVE, INC. · GARDEN GROVE, CA · plan year 2024

Reported admin expense ratio · 2024
1.43%

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

Boys & Girls Clubs of Garden Grove, Inc. reported $42,234 in plan administrative expenses for 2024: 1.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,795 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 1.78% to 1.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,809th of 9,483), and 9,205th of 11,911 in health care & social assistance. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has shrunk from 189 to 53 since 2022.

Plan summary
Net assets, end of year$3,070,837
Participants with balances131
Active participants53
Employer contributions$95,141
Employee contributions$216,611
Employer contribution per active participant$1,795
Average account balance$23,442
Benefits paid to participants$434,258
Plan auditUnmodified (clean) audit opinion
AuditorWINDES
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 131 accts · $95K emplr
2023$2.8M · 122 accts · $87K emplr
2022$2.4M · 119 accts · $73K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,046
Investment management$16,188
Total administrative$42,234
The Boys & Girls Clubs of Garden Grove, Inc. 401(k) match · 2024
Employer contribution per active participant$1,795
Median for plans this size$1,313
2024$1,795 per active participant
2023$420 per active participant
2022$386 per active participant

Boys & Girls Clubs of Garden Grove, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$13,876
EMPOWER ADVISORY GROUP, LLC · Investment management$2,312

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

Administrative cost history3
2024$42,234 · 1.43%
2023$46,097 · 1.78%
2022$45,086 · 1.78%
Same employer
Similar plansHealth Care & Social Assistance · California
Oparc CA$3.1M · 0.16%
Headlight Health, Inc CA$3.1M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 956112702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.