Plan Ledger DOL Form 5500 · updated monthly

Gossamer Bio Services, Inc.401(k)

GOSSAMER BIO 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Gossamer Bio Services, Inc. reported $94,470 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,499 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 0.61% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,622nd-largest of 9,483 plans among California employers on file, and the 5,522nd of 11,654 in professional & technical services. In 2024, employees put in $5.30 for every $1.00 the employer contributed; active participation has shrunk from 173 to 119 since 2022.

Plan summary
Net assets, end of year$20,091,342
Participants with balances170
Active participants119
Employer contributions$416,356
Employee contributions$2,205,803
Employer contribution per active participant$3,499
Average account balance$118,184
Benefits paid to participants$2,440,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 170 accts · $416K emplr
2023$17.4M · 188 accts · $563K emplr
2022$13.7M · 200 accts · $592K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,470
Total administrative$94,470
The Gossamer Bio Services, Inc. 401(k) match · 2024
Employer contribution per active participant$3,499
Median for plans this size$2,416
2024$3,499 per active participant
2023$4,814 per active participant
2022$3,422 per active participant

Gossamer Bio Services, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
JOHN HANCOCK USA · Recordkeeping$42,627
RESOURCES INVESTMENT ADVISORS · Investment management$49,326

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$94,470 · 0.50%
2023$95,769 · 0.62%
2022$84,587 · 0.61%
Similar plansProfessional & Technical Services · California
Denodo Technologies Inc CA$20.1M · 0.01%
Kandji, Inc. CA$20.1M · 0.13%
Collins + Collins, LLP CA$20.1M · 0.17%
Arcturus Therapeutics, Inc. CA$19.9M · 0.28%
Stormgeo Corp, Inc. CA$19.9M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 824677292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.