Plan Ledger DOL Form 5500 · updated monthly

Guardian Management LLC401(k)

GUARDIAN MANAGEMENT LLC 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Guardian Management LLC reported $56,436 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,441 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 0.67% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Oregon (662nd of 1,021), and 1,334th of 2,096 in real estate & leasing. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 188 to 215 since 2022.

Plan summary
Net assets, end of year$7,071,586
Participants with balances155
Active participants215
Employer contributions$309,795
Employee contributions$643,450
Employer contribution per active participant$1,441
Average account balance$45,623
Benefits paid to participants$946,515
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 155 accts · $310K emplr
2023$6.4M · 162 accts · $275K emplr
2022$5.1M · 162 accts · $251K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,877
Investment management$26,559
Audit (IQPA)$9,000
Total administrative$56,436
The Guardian Management LLC 401(k) match · 2024
Employer contribution per active participant$1,441
Median for plans this size$1,313
2024$1,441 per active participant
2023$1,380 per active participant
2022$1,333 per active participant

Guardian Management LLC's 2024 employer contribution ran above 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
ALDRICH WEALTH LIMITED PARTNERSHIP · Investment advisory (plan)$26,559
PLATFORM CPAS LLP$9,000

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$56,436 · 0.84%
2023$44,905 · 0.79%
2022$37,161 · 0.67%
Same employer
Similar plansReal Estate & Leasing · Oregon
Updater Inc. OR$13.5M · 0.25%
Allegiant Partners, Inc. OR$13.1M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931325326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.