Plan Ledger DOL Form 5500 · updated monthly

F. Gavina & Sons, Inc.401(k)

F. GAVINA & SONS, INC. 401(K) PROFIT SHARING PLAN · VERNON, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

F. Gavina & Sons, Inc. reported $153,460 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $5,542 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 3 years on file its reported administrative ratio has held roughly steady near 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,129th-largest of 9,483 plans among California employers on file, and the 3,660th of 13,661 in manufacturing. In 2024, the employer put in $1.56 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$40,290,150
Participants with balances324
Active participants265
Employer contributions$1,468,580
Employee contributions$939,341
Employer contribution per active participant$5,542
Average account balance$124,352
Benefits paid to participants$3,357,512
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.3M · 324 accts · $1.5M emplr
2023$36.9M · 316 accts · $1.5M emplr
2022$32.0M · 315 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Investment management$153,460
Total administrative$153,460
The F. Gavina & Sons, Inc. 401(k) match · 2024
Employer contribution per active participant$5,542
Median for plans this size$2,416
2024$5,542 per active participant
2023$5,668 per active participant
2022$5,646 per active participant

F. Gavina & Sons, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
MORGAN STANLEY · Investment advisory (plan) · Securities brokerage$34,120
SNOWDEN ACCOUNT SERVICE, INC. · Securities brokerageindirect comp

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$153,460 · 0.40%
2023$136,610 · 0.40%
2022$136,315 · 0.39%
Same employer
Similar plansManufacturing · California
Rps Holdings, Inc CA$40.7M · 0.18%
Bal Seal Engineering, LLC CA$40.7M · 0.32%
Quantumscape Battery, Inc. CA$39.9M · 0.05%
Neuropace, Inc. CA$39.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952922751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.