Plan Ledger DOL Form 5500 · updated monthly

P.W. Gillibrand Co., Inc.401(k)

P.W. GILLIBRAND COMPANY TAX-DEFERRED SAVINGS PLAN · SIMI VALLEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

P.W. Gillibrand Co., Inc. reported $72,137 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $4,572 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 0.38% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 3,079th-largest of 9,483 plans among California employers on file, and the 270th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 170 to 215 since 2022.

Plan summary
Net assets, end of year$25,217,221
Participants with balances178
Active participants215
Employer contributions$983,023
Employee contributions$1,473,065
Employer contribution per active participant$4,572
Average account balance$141,670
Benefits paid to participants$1,522,925
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 178 accts · $983K emplr
2023$21.6M · 169 accts · $881K emplr
2022$17.5M · 164 accts · $918K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,137
Investment management$30,000
Total administrative$72,137
The P.W. Gillibrand Co., Inc. 401(k) match · 2024
Employer contribution per active participant$4,572
Median for plans this size$2,416
2024$4,572 per active participant
2023$5,008 per active participant
2022$5,401 per active participant

P.W. Gillibrand Co., Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$42,137
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$30,000

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$72,137 · 0.31%
2023$72,106 · 0.37%
2022$74,026 · 0.38%
Same employer
Similar plansMining, Oil & Gas Extraction · California
M H Whittier Corporation CA$108.2M · 0.00%
Signal Hill Petroleum, Inc. CA$27.6M · 0.23%
Oil Well Service Co. CA$22.1M · 0.22%
Howard Energy Co., Inc. CA$14.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461570382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.