Plan Ledger DOL Form 5500 · updated monthly

Northgate Gonzalez Markets, Inc.401(k)

NORTHGATE GONZALEZ MARKETS, INC. 401(K) RETIREMENT SAVINGS PLAN · ANAHEIM, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Northgate Gonzalez Markets, Inc. reported $409,065 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $535 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 0.12% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 833rd-largest of 9,483 plans among California employers on file, and the 309th of 5,215 in retail trade. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 5,446 to 7,889 since 2022.

Plan summary
Net assets, end of year$125,816,878
Participants with balances7,366
Active participants7,889
Employer contributions$4,224,116
Employee contributions$11,925,124
Employer contribution per active participant$535
Average account balance$17,081
Benefits paid to participants$10,231,433
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$125.8M · 7,366 accts · $4.2M emplr
2023$106.9M · 6,484 accts · $3.3M emplr
2022$87.2M · 5,874 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$361,065
Investment management$48,000
Total administrative$409,065
The Northgate Gonzalez Markets, Inc. 401(k) match · 2024
Employer contribution per active participant$535
Median for plans this size$3,635
2024$535 per active participant
2023$600 per active participant
2022$503 per active participant

Northgate Gonzalez Markets, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$361,115
TOWERS WATSON INVESTMENT SERVICES · Investment advisory (plan)$40,000
WILLIS TOWERS WATSON · Investment advisory (plan)$8,000

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$409,065 · 0.35%
2023$320,777 · 0.33%
2022$116,004 · 0.12%
Same employer
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Toyota of Orange, Inc. CA$135.1M · 0.19%
Grocery Outlet Inc. CA$130.5M · 0.17%
Peet's Coffee & Tea, LLC CA$130.3M · 0.14%
Nugget Market, Inc. CA$126.0M · 0.25%
Kioxia America Inc. CA$118.2M · 0.14%
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Iherb, LLC CA$110.4M · 0.08%
Hankey Investment Company LP CA$108.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330834131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.