Plan Ledger DOL Form 5500 · updated monthly

Garton Tractor, Inc.401(k)

GARTON TRACTOR, INC. 401(K) PLAN · TURLOCK, CA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Garton Tractor, Inc. reported $124,907 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $579 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 0.45% to 0.53%. 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 3,034th-largest of 9,483 plans among California employers on file, and the 1,540th of 4,246 in wholesale trade. In 2024, employees put in $10.00 for every $1.00 the employer contributed; active participation has grown from 229 to 265 since 2022.

Plan summary
Net assets, end of year$25,666,653
Participants with balances324
Active participants265
Employer contributions$153,522
Employee contributions$1,535,208
Employer contribution per active participant$579
Average account balance$79,218
Benefits paid to participants$531,516
Plan auditUnmodified (clean) audit opinion
AuditorGRIMBELEY COLEMAN ADVISORS & ACCOUN
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 324 accts · $154K emplr
2023$21.4M · 305 accts · $140K emplr
2022$19.0M · 311 accts · $527K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,907
Total administrative$124,907
The Garton Tractor, Inc. 401(k) match · 2024
Employer contribution per active participant$579
Median for plans this size$2,416
2024$579 per active participant
2023$534 per active participant
2022$2,301 per active participant

Garton Tractor, 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 · 20241

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$124,907 · 0.53%
2023$112,341 · 0.56%
2022$94,139 · 0.45%
Same employer
Similar plansWholesale Trade · California
Keeco, LLC CA$26.0M · 0.62%
Capcom U.S.A. Inc. CA$26.0M · 0.00%
Sunrise Brands, LLC CA$25.8M · 0.47%
The Kelleher Corporation CA$25.7M · 0.24%
Ewing-Foley, Inc. CA$25.4M · 0.21%
Advance Beverage Co., Inc. CA$25.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941728676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.