Plan Ledger DOL Form 5500 · updated monthly

General Mortgage Capital Corpo401(k)

GENERAL MORTGAGE CAPITAL CORPO 401(K) PROFIT SHARING PLAN & TRUST · BURLINGAME, CA · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

General Mortgage Capital Corpo reported $39,188 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.93% to 0.83%. 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 (6,893rd of 9,483), and 9,667th of 11,654 in professional & technical services. active participation has grown from 91 to 151 since 2022.

Plan summary
Net assets, end of year$5,347,237
Participants with balances118
Active participants151
Employer contributions$0
Employee contributions$879,815
Employer contribution per active participant$0
Average account balance$45,316
Benefits paid to participants$211,046
Plan auditUnmodified (clean) audit opinion
AuditorWUHOOVER & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 118 accts
2023$4.0M · 100 accts
2022$3.0M · 108 accts · $146K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,422
Investment management$22,766
Total administrative$39,188
The General Mortgage Capital Corpo 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

General Mortgage Capital Corpo'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.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$10,312
FERMATA 401K, LLC · Investment advisory (participants)$21,034

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history3
2024$39,188 · 0.83%
2023$33,089 · 0.94%
2022$28,061 · 0.93%
Similar plansProfessional & Technical Services · California
Pensando Systems, Inc. CA$5.4M · 0.09%
Sendbird, Inc CA$5.4M · 0.02%
Firstlayerai, Inc. CA$5.3M · 0.02%
Therabody, Inc. CA$5.3M · 0.53%
Tubescience USA, Inc. CA$5.2M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470953861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.