Plan Ledger DOL Form 5500 · updated monthly

General Plumbing Supply Company Inc401(k)

GENERAL PLUMBING SUPPLY COMPANY INC SOUTH 401K PROFIT SHARING PLAN · WALNUT CREEK, CA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

General Plumbing Supply Company Inc reported $45,423 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,325 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 0.10% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (5,366th of 9,483), and 2,871st of 4,246 in wholesale trade. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 85 to 151 since 2022.

Plan summary
Net assets, end of year$10,306,289
Participants with balances265
Active participants151
Employer contributions$200,000
Employee contributions$320,892
Employer contribution per active participant$1,325
Average account balance$38,892
Benefits paid to participants$1,003,914
Plan auditUnmodified (clean) audit opinion
AuditorLEE CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 265 accts · $200K emplr
2023$7.7M · 154 accts · $168K emplr
2022$7.6M · 140 accts · $267K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,423
Total administrative$45,423
The General Plumbing Supply Company Inc 401(k) match · 2024
Employer contribution per active participant$1,325
Median for plans this size$1,313
2024$1,325 per active participant
2023$1,694 per active participant
2022$3,143 per active participant

General Plumbing Supply Company Inc'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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$802

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
2023SENTRY LIFE INSURANCE COMPANY

This plan has changed recordkeepers within these filings. If you left General Plumbing Supply Company Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$45,423 · 0.50%
2023$5,086 · 0.07%
2022$6,865 · 0.10%
Same employer
Similar plansWholesale Trade · California
Pch International USA, Inc. CA$10.7M · 0.21%
Packaging Matters, LLC CA$10.4M · 0.63%
Naturipe Berry Growers CA$10.4M · 0.63%
Wpg Americas, Inc. CA$10.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941682669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.