Plan Ledger DOL Form 5500 · updated monthly

Gt's Living Foods, LLC401(k)

GT'S LIVING FOODS 401(K) PLAN · VERNON, CA · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Gt's Living Foods, LLC reported $71,859 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $725 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 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,243rd of 9,483), and 10,001st of 13,661 in manufacturing. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,309,724
Participants with balances241
Active participants814
Employer contributions$590,386
Employee contributions$1,075,529
Employer contribution per active participant$725
Average account balance$30,331
Benefits paid to participants$990,840
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 241 accts · $590K emplr
2023$5.7M · 209 accts · $474K emplr
2022$4.1M · 186 accts · $425K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,759
Total administrative$71,859
The Gt's Living Foods, LLC 401(k) match · 2024
Employer contribution per active participant$725
Median for plans this size$1,313
2024$725 per active participant
2023$615 per active participant
2022$568 per active participant

Gt's Living Foods, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$40,314
NFP RETIREMENT INC · Investment advisory (plan)$32,689

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$71,859 · 1.10%
2023$54,255 · 1.10%
2022$51,566 · 1.16%
Same employer
Similar plansManufacturing · California
Korrus Inc CA$7.4M · 0.29%
California Box Company CA$7.4M · 0.34%
All Access Apparel, Inc. CA$7.4M · 0.01%
Vital Connect, Inc. CA$7.4M · 0.11%
Haco U.S. CA$7.3M · 0.44%
Dji Technology Inc CA$7.3M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954526003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.