Plan Ledger DOL Form 5500 · updated monthly

Global Paratransit, Inc401(k)

GLOBAL PARATRANSIT, INC 401(K) PROFIT SHARING PLAN AND TRUST · GARDENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Global Paratransit, Inc reported $2,194 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $36 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 0.11% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in California (8,654th of 9,483), and 2,253rd of 2,677 in transportation & warehousing. In 2024, employees put in $7.28 for every $1.00 the employer contributed; active participation has grown from 454 to 533 since 2022.

Plan summary
Net assets, end of year$1,305,760
Participants with balances113
Active participants533
Employer contributions$19,250
Employee contributions$140,170
Employer contribution per active participant$36
Average account balance$11,555
Benefits paid to participants$77,588
Plan auditUnmodified (clean) audit opinion
AuditorTAX & BUSINESS CONSULTING GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 113 accts · $19K emplr
2023$1.1M · 113 accts · $18K emplr
2022$910K · 104 accts · $17K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,114
Investment management$80
Total administrative$2,194
The Global Paratransit, Inc 401(k) match · 2024
Employer contribution per active participant$36
Median for plans this size$1,313
2024$36 per active participant
2023$34 per active participant
2022$37 per active participant

Global Paratransit, Inc's 2024 employer contribution ran below the $1,313 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$2,194
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$2,194 · 0.18%
2023$2,291 · 0.23%
2022$1,054 · 0.11%
Same employer
Similar plansTransportation & Warehousing · California
Air China Limited CA$1.4M · 0.53%
Madden Corporation CA$1.4M · 0.64%
Meathead Movers, Inc. CA$1.3M · 0.35%
Kilam Inc CA$1.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954839157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.