Plan Ledger DOL Form 5500 · updated monthly

Grand Pacific Resorts, Inc.401(k)

GRAND PACIFIC RESORTS, INC. 401(K) PLAN · CARLSBAD, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Grand Pacific Resorts, Inc. reported $40,471 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,265 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 0.15% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 2,136th-largest of 9,483 plans among California employers on file, and the 168th of 2,240 in accommodation & food services. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,132,045
Participants with balances860
Active participants882
Employer contributions$1,115,933
Employee contributions$2,473,912
Employer contribution per active participant$1,265
Average account balance$46,665
Benefits paid to participants$2,986,155
Plan auditUnmodified (clean) audit opinion
AuditorSCOTT & CRONIN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.1M · 860 accts · $1.1M emplr
2023$35.3M · 871 accts · $1.0M emplr
2022$28.9M · 846 accts · $979K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,175
Investment management$24,596
Total administrative$40,471
The Grand Pacific Resorts, Inc. 401(k) match · 2024
Employer contribution per active participant$1,265
Median for plans this size$2,416
2024$1,265 per active participant
2023$1,143 per active participant
2022$1,079 per active participant

Grand Pacific Resorts, Inc.'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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$24,469
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$16,002

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$40,471 · 0.11%
2023$29,133 · 0.09%
2022$40,747 · 0.15%
Same employer
Similar plansAccommodation & Food Services · California
Stanford Hotels Corporation CA$58.3M · 0.30%
Auberge Resorts, LLC CA$48.0M · 0.54%
Hotel Nikko (USA), Inc. CA$45.0M · 0.14%
Bj's Restaurants, Inc. CA$44.7M · 0.38%
Evans Hotels, LLC CA$35.2M · 0.59%
Busch Group, LLC CA$32.7M · 0.45%
Jc Resorts LLC CA$32.6M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330582465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.