Plan Ledger DOL Form 5500 · updated monthly

Gitibin and Associates, LLC dba Go Rentals401(k)

GITIBIN AND ASSOCIATES, INCORPORATED DBA GO RENTALS, INC. 401(K) PLAN · NEWPORT BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
1.50%

Gitibin and Associates, LLC dba Go Rentals reported $53,331 in plan administrative expenses for 2024: 1.50% of average plan assets, higher than ~90% of peers. 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 1.05% to 1.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (7,345th of 9,483), and 1,625th of 2,096 in real estate & leasing. active participation has grown from 355 to 594 since 2022.

Plan summary
Net assets, end of year$4,101,181
Participants with balances306
Active participants594
Employer contributions—
Employee contributions$835,469
Employer contribution per active participant—
Average account balance$13,403
Benefits paid to participants$240,686
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 306 accts
2023$3.0M · 316 accts · $98 emplr
2022$2.1M · 228 accts · $419 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,984
Investment management$18,347
Total administrative$53,331
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
MONARCH PLAN ADVISORS · Investment advisory (participants)$18,347

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
2023John Hancock

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

Administrative cost history3
2024$53,331 · 1.50%
2023$29,477 · 1.15%
2022$22,052 · 1.05%
Same employer
Similar plansReal Estate & Leasing · California
Beverly Hills Properties CA$4.3M · 0.33%
Gsa Management LLC CA$4.2M · 0.11%
Cal-Am Properties, Inc. CA$4.1M · 0.22%
Vasona Management, Inc. CA$4.0M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330684706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.