Plan Ledger DOL Form 5500 · updated monthly

Gorilla Circuits401(k)

GORILLA CIRCUITS 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Gorilla Circuits reported $74,904 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $790 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 0.36% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,178th-largest of 9,483 plans among California employers on file, and the 6,738th of 13,661 in manufacturing. In 2024, employees put in $8.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,244,848
Participants with balances604
Active participants279
Employer contributions$220,518
Employee contributions$1,865,993
Employer contribution per active participant$790
Average account balance$26,895
Benefits paid to participants$1,608,296
Plan auditUnmodified (clean) audit opinion
AuditorSINGER LEWAK
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 604 accts · $221K emplr
2023$14.1M · 591 accts · $181K emplr
2022$11.4M · 592 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,198
Audit (IQPA)$21,706
Total administrative$74,904
The Gorilla Circuits 401(k) match · 2024
Employer contribution per active participant$790
Median for plans this size$2,416
2024$790 per active participant
2023$679 per active participant

Gorilla Circuits'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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$53,198
SINGERLEWAK · Accounting / audit$21,670

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$74,904 · 0.49%
2023$73,211 · 0.57%
2022$43,434 · 0.36%
Same employer
Similar plansManufacturing · California
Kagome Inc. CA$16.4M · 0.76%
C. Mondavi & Family CA$16.3M · 0.03%
O'Neill Wetsuits, LLC CA$16.2M · 0.01%
Pindler & Pindler, Inc. CA$16.2M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941694315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.