Plan Ledger DOL Form 5500 · updated monthly

Gk Management Co., Inc.401(k)

GK MANAGEMENT CO., INC. AND AFFILIATED COMPANIES 401(K) PLAN · CULVER CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Gk Management Co., Inc. reported $124,152 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,229 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 0.39% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,572nd-largest of 9,483 plans among California employers on file, and the 435th of 2,096 in real estate & leasing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 503 to 419 since 2022.

Plan summary
Net assets, end of year$31,627,898
Participants with balances327
Active participants419
Employer contributions$933,892
Employee contributions$1,951,631
Employer contribution per active participant$2,229
Average account balance$96,721
Benefits paid to participants$3,633,022
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.6M · 327 accts · $934K emplr
2023$28.7M · 333 accts · $865K emplr
2022$26.2M · 347 accts · $896K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,152
Total administrative$124,152
The Gk Management Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,229
Median for plans this size$2,416
2024$2,229 per active participant
2023$1,736 per active participant
2022$1,781 per active participant

Gk Management Co., 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 · 20245
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$52,006
ACTUARIAL BENEFITS CORP. · Contract administrator$29,692
CLIFTON LARSON ALLEN WEALTH ADV LLC · Accounting / audit$19,483
SAGEVIEW ADVISORY GROUP, LLC · Investment management$16,772

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$124,152 · 0.41%
2023$117,568 · 0.43%
2022$112,761 · 0.39%
Same employer
Similar plansReal Estate & Leasing · California
Adeia Inc. CA$34.6M · 0.20%
Steelwave, Inc. CA$34.4M · 0.25%
Mbk Real Estate LLC CA$34.1M · 0.05%
Skywalker Holdings, LLC CA$32.8M · 0.01%
Ids Real Estate Group CA$31.2M · 0.21%
Saban Capital Group LLC CA$29.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952805182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.