Plan Ledger DOL Form 5500 · updated monthly

Golden State Lumber, Inc.401(k)

GOLDEN STATE LUMBER, INC. 401(K) PLAN · PETALUMA, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Golden State Lumber, Inc. reported $112,754 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $2,624 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 0.12% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,127th-largest of 9,483 plans among California employers on file, and the 483rd of 4,246 in wholesale trade. In 2024, employees put in $3.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,370,618
Participants with balances715
Active participants642
Employer contributions$1,684,445
Employee contributions$5,429,199
Employer contribution per active participant$2,624
Average account balance$122,197
Benefits paid to participants$7,228,241
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$87.4M · 715 accts · $1.7M emplr
2023$75.9M · 694 accts · $1.6M emplr
2022$67.0M · 686 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,666
Investment management$84,403
Audit (IQPA)$21,525
Total administrative$112,754
The Golden State Lumber, Inc. 401(k) match · 2024
Employer contribution per active participant$2,624
Median for plans this size$3,635
2024$2,624 per active participant
2023$2,623 per active participant
2022$2,330 per active participant

Golden State Lumber, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20247
LPL FINANCIAL · Investment advisory (plan)$58,900
EMPOWER ADVISORY GROUP, LLC · Investment management$25,503
MOSS ADAMS LLP · Accounting / audit$21,525
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$150

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$112,754 · 0.14%
2023$93,741 · 0.13%
2022$88,038 · 0.12%
Same employer
Similar plansWholesale Trade · California
Jordano's, Inc. CA$90.3M · 0.04%
Rsd - Total Control CA$89.3M · 0.01%
Wismettac Asian Foods, Inc. CA$83.5M · 0.13%
Process Distribution Group CA$82.0M · 0.01%
Nihon Kohden America, Inc CA$78.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680084293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.