Plan Ledger DOL Form 5500 · updated monthly

Golden Rain Foundation401(k)

GOLDEN RAIN FOUNDATION 401(K) PLAN · SEAL BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Golden Rain Foundation reported $54,316 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,289 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 0.43% to 0.50%. 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 among the smaller plans on file in California (5,222nd of 9,483), and 1,054th of 2,096 in real estate & leasing. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 170 to 190 since 2022.

Plan summary
Net assets, end of year$10,896,903
Participants with balances155
Active participants190
Employer contributions$244,994
Employee contributions$602,445
Employer contribution per active participant$1,289
Average account balance$70,303
Benefits paid to participants$2,102,986
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 155 accts · $245K emplr
2023$10.7M · 163 accts · $203K emplr
2022$9.5M · 142 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,445
Investment management$37,871
Total administrative$54,316
The Golden Rain Foundation 401(k) match · 2024
Employer contribution per active participant$1,289
Median for plans this size$2,416
2024$1,289 per active participant
2023$1,088 per active participant
2022$943 per active participant

Golden Rain Foundation'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 · 20242
THE BALDWIN GROUP WEALTH ADVISORS · Investment advisory (plan)$37,871

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$54,316 · 0.50%
2023$47,256 · 0.47%
2022$46,324 · 0.43%
Same employer
Similar plansReal Estate & Leasing · California
Decron Properties Corp. CA$11.6M · 0.47%
Realty Services Corp. CA$11.6M · 0.56%
Champagne Resorts, Inc. CA$11.4M · 1.50%
Warren Properties, Inc. CA$11.3M · 0.29%
Veritas Investments, Inc. CA$10.8M · 0.11%
Point Digital Finance, Inc. CA$10.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952146121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.