Plan Ledger DOL Form 5500 · updated monthly

Granite Solutions Groupe, Inc.401(k)

GRANITE SOLUTIONS GROUPE 401K PLAN · CALABASAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

Granite Solutions Groupe, Inc. reported $3,430 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. 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 0.035% to 0.041%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,751st of 9,483), and 8,346th of 11,654 in professional & technical services. active participation has grown from 119 to 136 since 2022.

Plan summary
Net assets, end of year$8,947,084
Participants with balances276
Active participants136
Employer contributions—
Employee contributions$1,340,763
Employer contribution per active participant—
Average account balance$32,417
Benefits paid to participants$1,537,430
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 276 accts
2023$8.0M · 232 accts
2022$7.2M · 217 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,430
Total administrative$3,430
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
ADP, INC. · Loan processing · Recordkeeping$3,430
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$3,430 · 0.04%
2023$3,429 · 0.05%
2022$3,088 · 0.04%
Same employer
Similar plansProfessional & Technical Services · California
Monkey Inferno, Inc. CA$9.0M · 0.28%
Recode Therapeutics, Inc. CA$9.0M · 0.24%
Onboardiq, Inc CA$9.0M · 0.48%
Strivr Labs, Inc. CA$8.9M · 0.56%
Vaxart Biosciences Inc CA$8.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680418934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.