Plan Ledger DOL Form 5500 · updated monthly

Giant Bicycle Inc401(k)

GIANT BICYCLE INC 401K PLAN · NEWBURY PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Giant Bicycle Inc reported $70,488 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,069 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 0.44% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 4,309th-largest of 9,483 plans among California employers on file, and 2,315th of 4,246 in wholesale trade. In 2024, employees put in $3.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,522,399
Participants with balances157
Active participants115
Employer contributions$237,969
Employee contributions$880,596
Employer contribution per active participant$2,069
Average account balance$98,869
Benefits paid to participants$1,017,027
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 157 accts · $238K emplr
2023$13.6M · 150 accts · $298K emplr
2022$12.3M · 146 accts · $354K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,180
Total administrative$70,488
The Giant Bicycle Inc 401(k) match · 2024
Employer contribution per active participant$2,069
Median for plans this size$2,416
2024$2,069 per active participant
2023$2,482 per active participant
2022$2,857 per active participant

Giant Bicycle Inc's 2024 employer contribution ran below 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 · 20244
LPL FINANCIAL · Investment advisory (plan)$50,204
EMPOWER ADVISORY GROUP, LLC · Investment management$6,388
TRUOG-RYDING COMPANY, INC. · Contract administrator$6,013

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$70,488 · 0.48%
2023$58,061 · 0.45%
2022$57,404 · 0.44%
Same employer
Similar plansWholesale Trade · California
Desoto Sales, Inc. CA$16.0M · 0.25%
Sideshow Inc. CA$15.9M · 0.55%
Progressive Produce LLC CA$15.8M · 0.02%
Giti Tire USA LTD. CA$15.7M · 0.23%
Twin Med, LLC CA$15.5M · 0.63%
Winery Exchange, Inc. CA$15.2M · 0.51%
Green Farms California LLC CA$15.1M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621327237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.