Plan Ledger DOL Form 5500 · updated monthly

Gryphon Advisors, LLC401(k)

GRYPHON INVESTORS 401K RETIREMENT PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Gryphon Advisors, LLC reported $5,838 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,867 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 3 years on file its reported administrative ratio has held roughly steady near 0.019%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,400th-largest of 9,483 plans among California employers on file, and the 2,185th of 4,798 in finance & insurance. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,744,560
Participants with balances161
Active participants145
Employer contributions$1,430,725
Employee contributions$2,761,802
Employer contribution per active participant$9,867
Average account balance$215,805
Benefits paid to participants$1,590,600
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLC
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 161 accts · $1.4M emplr
2023$27.9M · 150 accts · $1.3M emplr
2022$20.6M · 132 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,838
Total administrative$5,838
The Gryphon Advisors, LLC 401(k) match · 2024
Employer contribution per active participant$9,867
Median for plans this size$2,416
2024$9,867 per active participant
2023$8,601 per active participant
2022$7,628 per active participant

Gryphon Advisors, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
MILLIMAN · Recordkeeping · Pension consulting$5,838
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)indirect comp
CHARLES SCHWAB & CO, INC. · Custodial (securities)indirect 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
2024$5,838 · 0.02%
2023$3,776 · 0.02%
2022$3,699 · 0.02%
Same employer
Similar plansFinance & Insurance · California
Guideline, Inc. CA$35.2M · 0.09%
Avidbank CA$34.5M · 0.30%
Cliffwater LLC CA$34.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943332997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.