Plan Ledger DOL Form 5500 · updated monthly

Golden Rain Foundation of Walnut Creek401(k)

GOLDEN RAIN FOUNDATION 401(K) RETIREMENT PLAN · WALNUT CREEK, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Golden Rain Foundation of Walnut Creek reported $35,423 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $4,511 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 fell from 0.25% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 3,772nd-largest of 9,483 plans among California employers on file, and the 317th of 2,240 in accommodation & food services. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,979,509
Participants with balances185
Active participants122
Employer contributions$550,327
Employee contributions$893,535
Employer contribution per active participant$4,511
Average account balance$102,592
Benefits paid to participants$2,072,110
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 185 accts · $550K emplr
2023$15.5M · 186 accts · $383K emplr
2022$15.8M · 168 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,381
Investment management$17,042
Total administrative$35,423
The Golden Rain Foundation of Walnut Creek 401(k) match · 2024
Employer contribution per active participant$4,511
Median for plans this size$2,416
2024$4,511 per active participant
2023$2,860 per active participant
2022$2,457 per active participant

Golden Rain Foundation of Walnut Creek's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
NEWFRONT RETIREMENT SERVICES, INC. · Investment advisory (plan)$17,042

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$35,423 · 0.21%
2023$30,659 · 0.20%
2022$43,212 · 0.25%
Same employer
Similar plansAccommodation & Food Services · California
Ayres Group CA$19.7M · 0.03%
Ovis LLC CA$18.7M · 0.62%
Krm, Inc. CA$18.2M · 0.02%
Pleasant Travel Service CA$17.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941655715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.