Plan Ledger DOL Form 5500 · updated monthly

Golden State Engineering, Inc.401(k)

GOLDEN STATE ENGINEERING, INC. 401(K) PROFIT SHARING PLAN · PARAMOUNT, CA · plan year 2023

Reported admin expense ratio · 2023
0.00%

Golden State Engineering, Inc. reported $89 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. 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 0.12% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,267th of 9,483), and 8,483rd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$10,714,797
Participants with balances119
Active participants143
Employer contributions—
Employee contributions$123,612
Employer contribution per active participant—
Average account balance$90,040
Benefits paid to participants$1,518,730
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 124 accts
2023$10.7M · 119 accts
2022$10.5M · 109 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$70
Total administrative$89
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$130 · 0.00%
2023$89 · 0.00%
2022$14,601 · 0.12%
Similar plansManufacturing · California
Gordon Brush Mfg. Co., Inc. CA$10.8M · 0.24%
Copper Cane LLC CA$10.8M · 0.94%
Francois Freres USA, Inc. CA$10.7M · 0.14%
Digital Room LLC CA$10.7M · 0.90%
Latitude 36 Foods LLC CA$10.7M · 0.60%
Delphon Industries, LLC CA$10.6M · 0.48%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 952644713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.