Plan Ledger DOL Form 5500 · updated monthly

Galleher LLC401(k)

GALLEHER LLC 401(K) PROFIT SHARING PLAN · SANTA FE SPRINGS, CA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Galleher LLC reported $55,091 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $404 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 0.31% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,359th-largest of 9,483 plans among California employers on file, and the 1,727th of 4,246 in wholesale trade. In 2024, employees put in $8.62 for every $1.00 the employer contributed; active participation has shrunk from 397 to 327 since 2022.

Plan summary
Net assets, end of year$22,333,947
Participants with balances346
Active participants327
Employer contributions$132,060
Employee contributions$1,138,086
Employer contribution per active participant$404
Average account balance$64,549
Benefits paid to participants$2,361,001
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 346 accts · $132K emplr
2023$20.4M · 373 accts · $18K emplr
2022$18.0M · 389 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,091
Investment management$20,000
Total administrative$55,091
The Galleher LLC 401(k) match · 2024
Employer contribution per active participant$404
Median for plans this size$2,416
2024$404 per active participant
2023$47 per active participant
2022$670 per active participant

Galleher LLC'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 · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$35,091
LPL FINANCIAL · Investment advisory (plan)$10,000
ALLIANT RETIREMENT · Investment advisory (plan)$10,000

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,091 · 0.26%
2023$58,607 · 0.30%
2022$57,793 · 0.31%
Same employer
Similar plansWholesale Trade · California
Spireon, Inc. CA$22.7M · 0.51%
E.L.F. Cosmetics, Inc. CA$22.6M · 0.01%
Santa Cruz Bicycles, Inc. CA$22.5M · 0.32%
Idec Corporation CA$22.4M · 0.36%
Elkay Plastics Co., Inc. CA$22.3M · 0.25%
Vps Companies, Inc. CA$22.3M · 0.17%
Pacific Medical, Inc. CA$21.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205717936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.