Plan Ledger DOL Form 5500 · updated monthly

Chipton-Ross, Inc.401(k)

GLOBAL RETIREMENT SOLUTIONS 401(K) PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Chipton-Ross, Inc. reported $134,440 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $0 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 rose from 0.28% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,950th-largest of 9,483 plans among California employers on file, and the 332nd of 2,534 in administrative & support services. In 2024, employees put in $112533.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,367,220
Participants with balances1,884
Active participants1,282
Employer contributions$41
Employee contributions$4,613,858
Employer contribution per active participant$0
Average account balance$23,549
Benefits paid to participants$8,711,386
Plan auditUnmodified (clean) audit opinion
AuditorWEINBERG & COMPANY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$44.4M · 1,884 accts · $41 emplr
2023$42.6M · 2,099 accts
2022$35.4M · 914 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,515
Investment management$3,425
Audit (IQPA)$9,500
Total administrative$134,440
The Chipton-Ross, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Chipton-Ross, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$122,344
WEINBERG & CO. LA · Accounting / audit$9,500

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$134,440 · 0.31%
2023$143,745 · 0.37%
2022$109,463 · 0.28%
Similar plansAdministrative & Support Services · California
Family Tree Service, Inc. CA$46.6M · 0.04%
Cr&R Incorporated CA$46.0M · 0.33%
E.J.Harrison & Sons, Inc. CA$45.8M · 0.35%
Backroads, Inc. CA$44.1M · 0.02%
Travel Store, Inc. CA$43.0M · 0.00%
Kimstaffhr, Inc CA$42.8M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953889434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.