Plan Ledger DOL Form 5500 · updated monthly

Gitsit Solutions, LLC401(k)

GITSIT SOLUTIONS, LLC 401(K) PLAN · ORANGE, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Gitsit Solutions, LLC reported $1,013 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $958 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 0.008% to 0.010%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (5,229th of 9,483), and 3,899th of 4,798 in finance & insurance. In 2024, employees put in $7.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,872,242
Participants with balances108
Active participants74
Employer contributions$70,865
Employee contributions$516,207
Employer contribution per active participant$958
Average account balance$100,669
Benefits paid to participants$598,716
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 108 accts · $71K emplr
2023$9.8M · 108 accts · $72K emplr
2022$8.7M · 114 accts · $57K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,013
Total administrative$1,013
The Gitsit Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$958
Median for plans this size$2,416
2024$958 per active participant
2023$1,090 per active participant
2022$730 per active participant

Gitsit Solutions, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,013
PROSPERA FINANCIAL SERVICESindirect comp
WELLS FARGO CLEARING SERVICES LLCindirect comp

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$1,013 · 0.01%
2023$644 · 0.01%
2022$663 · 0.01%
Similar plansFinance & Insurance · California
Veros Credit LLC CA$11.5M · 0.74%
Goal Investment Group, Inc. CA$11.4M · 0.08%
Homexpress Mortgage Corp. CA$11.4M · 0.09%
Montage Health CA$11.4M · 0.17%
Ars National Services Inc. CA$10.8M · 0.29%
Wheelhouse Credit Union CA$10.7M · 0.44%
Alliance Funding Group CA$10.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260423240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.