Plan Ledger DOL Form 5500 · updated monthly

Gonsalves & Santucci, Inc.401(k)

GONSALVES & SANTUCCI, INC. 401(K) PLAN · CONCORD, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Gonsalves & Santucci, Inc. reported $137,333 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $17,712 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 0.21% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 1,294th-largest of 9,483 plans among California employers on file, and the 806th of 5,337 in construction. In 2024, the employer put in $1.69 for every $1.00 employees contributed themselves; active participation has shrunk from 312 to 203 since 2022.

Plan summary
Net assets, end of year$72,618,386
Participants with balances415
Active participants203
Employer contributions$3,595,563
Employee contributions$2,128,562
Employer contribution per active participant$17,712
Average account balance$174,984
Benefits paid to participants$12,652,603
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.6M · 415 accts · $3.6M emplr
2023$70.4M · 479 accts · $2.4M emplr
2022$58.8M · 531 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,700
Investment management$12,675
Audit (IQPA)$19,958
Total administrative$137,333
The Gonsalves & Santucci, Inc. 401(k) match · 2024
Employer contribution per active participant$17,712
Median for plans this size$3,635
2024$17,712 per active participant
2023$8,526 per active participant
2022$10,379 per active participant

Gonsalves & Santucci, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
CLIFTON LARSON ALLEN WEALTH ADVISOR · Accounting / audit$19,958
EMPOWER ADVISORY GROUP, LLC · Investment management$12,675

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$137,333 · 0.19%
2023$123,665 · 0.19%
2022$134,008 · 0.21%
Similar plansConstruction · California
Malcolm Drilling Co., Inc. CA$71.5M · 0.02%
Cahill Contractors LLC CA$68.7M · 0.01%
Rex Signature Services, LLC CA$67.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941527989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.