Plan Ledger DOL Form 5500 · updated monthly

Gar Laboratories, Inc.401(k)

GAR LABORATORIES, INC. PROFIT SHARING 401(K) PLAN · RIVERSIDE, CA · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Gar Laboratories, Inc. reported $29,133 in plan administrative expenses for 2022: 0.43% of average plan assets, below the peer median. Employer contributions averaged $1,418 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 professional & technical services employers. By assets it is among the smaller plans on file in California (6,495th of 9,483), and 9,217th of 11,654 in professional & technical services. In 2022, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,481,488
Participants with balances121
Active participants134
Employer contributions$189,985
Employee contributions$365,460
Employer contribution per active participant$1,418
Average account balance$53,566
Benefits paid to participants$221,270
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$29,133
Total administrative$29,133
The Gar Laboratories, Inc. 401(k) match · 2022
Employer contribution per active participant$1,418
Median for plans this size$1,114

Gar Laboratories, 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$29,133 · 0.43%
Similar plansProfessional & Technical Services · California
Arcules, Inc. CA$6.6M · 0.49%
Matonee Inc CA$6.6M · 0.18%
Embark Trucks, Inc. CA$6.6M · 0.11%
Buddha Jones, LLC CA$6.5M · 0.69%
Genesee Scientific, LLC CA$6.5M · 0.95%
174 Power Global CA$6.5M · 0.02%
Career Group, Inc. CA$6.5M · 0.40%
Pliancy, Inc CA$6.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953377486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.