Plan Ledger DOL Form 5500 · updated monthly

Griffin Capital Company, LLC401(k)

GRIFFIN CAPITAL 401(K) PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Griffin Capital Company, LLC reported $45,276 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,453 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 0.32% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 4,685th-largest of 9,483 plans among California employers on file, and the 919th of 2,096 in real estate & leasing. In 2024, employees put in $3.48 for every $1.00 the employer contributed; active participation has grown from 46 to 64 since 2022.

Plan summary
Net assets, end of year$13,402,642
Participants with balances106
Active participants64
Employer contributions$220,967
Employee contributions$768,650
Employer contribution per active participant$3,453
Average account balance$126,440
Benefits paid to participants$763,768
Plan auditUnmodified (clean) audit opinion
AuditorGREEN HASSON & JANKS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 106 accts · $221K emplr
2023$11.3M · 120 accts · $320K emplr
2022$8.5M · 129 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,929
Investment management$24,347
Total administrative$45,276
The Griffin Capital Company, LLC 401(k) match · 2024
Employer contribution per active participant$3,453
Median for plans this size$2,416
2024$3,453 per active participant
2023$6,266 per active participant
2022$5,968 per active participant

Griffin Capital Company, LLC'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
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants) · Investment advisory (plan)$21,344

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$45,276 · 0.37%
2023$24,860 · 0.25%
2022$45,616 · 0.32%
Same employer
Similar plansReal Estate & Leasing · California
Baldwin & Sons, LLC CA$14.5M · 0.31%
National Funding, Inc. CA$14.1M · 0.58%
Side Inc. CA$13.4M · 0.48%
Cal Coast Machinery, Inc. CA$13.0M · 0.03%
Pacific Union Company CA$12.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954599958 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.