Plan Ledger DOL Form 5500 · updated monthly

Greenbox Loans401(k)

GREEN BOX LOANS INC, 401K PLAN · LOS ANGELES, CA · plan year 2023

Reported admin expense ratio · 2023
2.04%

Greenbox Loans reported $10,417 in plan administrative expenses for 2023: 2.04% of average plan assets, above the peer median. 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 4 years on file its reported administrative ratio rose from 0.94% to 2.04%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (9,044th of 9,483), and 4,748th of 4,798 in finance & insurance. active participation has shrunk from 95 to 37 since 2019.

Plan summary
Net assets, end of year$556,640
Participants with balances71
Active participants37
Employer contributions—
Employee contributions$221,159
Employer contribution per active participant—
Average account balance$7,840
Benefits paid to participants$202,671
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L. BUCK
Plan history3
Yearassets · accounts · employer contribution
2023$557K · 71 accts
2022$467K · 233 accts
2019$192K · 191 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,309
Total administrative$10,417
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$9,308
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.

Administrative cost history3
2023$10,417 · 2.04%
2022$2,940 · 0.75%
2019$1,309 · 0.94%
Similar plansFinance & Insurance · California
Surecompanies Inc. CA$1.1M · 1.61%
Tmc Group, LLC CA$879K · 0.01%
Hcf Insurance Agency CA$386K · 0.75%
Rabobank, N.A. CA$187K · 0.06%
AG Business Group, Inc. CA$45K · 3.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954830207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.