Plan Ledger DOL Form 5500 · updated monthly

Guardian Security Systems, Inc.401(k)

GUARDIAN SECURITY SYSTEMS, INC. 401(K) PROFIT SHARING PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Guardian Security Systems, Inc. reported $33,006 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $840 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 fell from 0.69% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (1,291st of 1,714), and 3,799th of 5,337 in construction. In 2024, employees put in $6.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,874,434
Participants with balances166
Active participants159
Employer contributions$133,631
Employee contributions$922,295
Employer contribution per active participant$840
Average account balance$35,388
Benefits paid to participants$266,198
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 166 accts · $134K emplr
2023$4.5M · 147 accts · $104K emplr
2022$3.3M · 117 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,006
Total administrative$33,006
The Guardian Security Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$840
Median for plans this size$1,313
2024$840 per active participant
2023$630 per active participant
2022$568 per active participant

Guardian Security Systems, Inc.'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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$33,006

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,006 · 0.63%
2023$24,959 · 0.64%
2022$25,019 · 0.69%
Same employer
Similar plansConstruction · Washington
Sea-Tac Electric, Inc. WA$7.7M · 0.50%
Mmcs, LLC WA$7.3M · 0.58%
Adair Homes, Inc. WA$6.9M · 0.64%
Mainvue Homes, LLC WA$5.6M · 0.13%
Motley-Motley, Inc WA$4.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910957752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.