Plan Ledger DOL Form 5500 · updated monthly

Gb Capital Holdings LLC401(k)

GB CAPITAL HOLDINGS 401(K) PLAN · NATIONAL CITY, CA · plan year 2024

Reported admin expense ratio · 2024
6.23%

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

Gb Capital Holdings LLC reported $68,132 in plan administrative expenses for 2024: 6.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,386 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 0.76% to 6.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (8,662nd of 9,483), and 11,141st of 11,654 in professional & technical services. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has shrunk from 249 to 117 since 2022.

Plan summary
Net assets, end of year$1,293,528
Participants with balances164
Active participants117
Employer contributions$162,203
Employee contributions$205,934
Employer contribution per active participant$1,386
Average account balance$7,887
Benefits paid to participants$78,936
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 164 accts · $162K emplr
2023$892K · 175 accts · $142K emplr
2022$597K · 249 accts · $134K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,142
Investment management$3,130
Trustee / custodial$860
Total administrative$68,132
The Gb Capital Holdings LLC 401(k) match · 2024
Employer contribution per active participant$1,386
Median for plans this size$1,313
2024$1,386 per active participant
2023$951 per active participant
2022$539 per active participant

Gb Capital Holdings LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PAYCHEX, INC. · Recordkeeping$16,351

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$68,132 · 6.23%
2023$6,205 · 0.83%
2022$3,767 · 0.76%
Similar plansProfessional & Technical Services · California
Iosm CA$1.3M · 0.70%
Miyokos Kitchen CA$1.3M · 0.96%
Hi Pro, Inc. CA$1.3M · 1.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205549396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.