Plan Ledger DOL Form 5500 · updated monthly

Gibson Overseas, Inc.401(k)

GIBSON OVERSEAS, INC 401(K) PLAN · COMMERCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

Gibson Overseas, Inc. reported $38,807 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.29%. 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 4,472nd-largest of 9,483 plans among California employers on file, and 2,416th of 4,246 in wholesale trade. active participation has shrunk from 370 to 281 since 2022.

Plan summary
Net assets, end of year$14,451,809
Participants with balances195
Active participants281
Employer contributions—
Employee contributions$787,949
Employer contribution per active participant—
Average account balance$74,112
Benefits paid to participants$683,011
Plan auditDisclaimer of opinion
AuditorKELMAN & CHAN LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$14.5M · 195 accts
2023$12.7M · 203 accts
2022$11.7M · 218 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,807
Total administrative$38,807
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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$38,807

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

Recordkeeper by year3
2025Transamerica
2024Transamerica
2023Transamerica

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

Administrative cost history4
2025Not separately reported
2024$38,807 · 0.29%
2023$34,864 · 0.29%
2022$34,229 · 0.28%
Same employer
Similar plansWholesale Trade · California
Jimway, Inc. CA$15.1M · 0.43%
Hunt & Sons, Inc. CA$15.0M · 0.02%
Traffix Devices, Inc. CA$14.1M · 0.72%
Blue-White Industries LTD CA$13.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953393699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.