Plan Ledger DOL Form 5500 · updated monthly

Gebbs Healthcare Solutions, Inc401(k)

GHSI 401(K) PLAN · CULVER CITY, CA · plan year 2024

Reported admin expense ratio · 2024
1.26%

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

Gebbs Healthcare Solutions, Inc reported $88,914 in plan administrative expenses for 2024: 1.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $475 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 1.63% to 1.26%. 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 (5,728th of 9,483), and 8,316th of 11,654 in professional & technical services. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 477 to 967 since 2022.

Plan summary
Net assets, end of year$9,027,991
Participants with balances429
Active participants967
Employer contributions$459,558
Employee contributions$1,002,733
Employer contribution per active participant$475
Average account balance$21,044
Benefits paid to participants$1,299,981
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L. BUCK
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 429 accts · $460K emplr
2023$5.1M · 244 accts
2022$4.3M · 241 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,914
Total administrative$88,914
The Gebbs Healthcare Solutions, Inc 401(k) match · 2024
Employer contribution per active participant$475
Median for plans this size$1,313

Gebbs Healthcare Solutions, Inc's 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$88,914 · 1.26%
2023$78,001 · 1.67%
2022$44,871 · 1.63%
Same employer
Similar plansProfessional & Technical Services · California
Smartrecruiters, Inc. CA$9.1M · 0.28%
Ixsystems, Inc. CA$9.0M · 0.64%
Observe, Inc. CA$9.0M · 0.03%
Monkey Inferno, Inc. CA$9.0M · 0.28%
Recode Therapeutics, Inc. CA$9.0M · 0.24%
Onboardiq, Inc CA$9.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263746595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.