Plan Ledger DOL Form 5500 · updated monthly

General Steamship Agencies, Inc.401(k)

GENERAL STEAMSHIP PROFIT SHARING & RETIREMENT SAVINGS PLAN · MILL VALLEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

General Steamship Agencies, Inc. reported $22,761 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,100 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 0.13% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 3,798th-largest of 9,483 plans among California employers on file, and the 774th of 2,677 in transportation & warehousing. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,788,569
Participants with balances127
Active participants105
Employer contributions$430,467
Employee contributions$649,685
Employer contribution per active participant$4,100
Average account balance$147,941
Benefits paid to participants$2,809,140
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 127 accts · $430K emplr
2023$18.6M · 129 accts · $386K emplr
2022$15.9M · 126 accts · $353K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,501
Trustee / custodial$7,260
Total administrative$22,761
The General Steamship Agencies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,100
Median for plans this size$2,416
2024$4,100 per active participant
2023$3,678 per active participant
2022$3,637 per active participant

General Steamship Agencies, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
NORTHWEST PLAN SERVICES, INC. · Recordkeeping · Pension consultingindirect comp
CHARLES SCHWAB BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$22,761 · 0.12%
2023$22,069 · 0.13%
2022$22,766 · 0.13%
Similar plansTransportation & Warehousing · California
Stanley G. Alexander, Inc. CA$19.4M · 0.06%
Ozark Trucking Inc. CA$18.9M · 0.22%
Weber Distribution, LLC CA$18.7M · 0.59%
Our Best Assets, Inc. CA$18.5M · 0.09%
Blume Global, Inc. CA$18.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943169159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.