Plan Ledger DOL Form 5500 · updated monthly

Samgi401(k)

SAMGI 401(K) PLAN · GRANITE BAY, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Samgi reported $84,828 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $4,461 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 0.41% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,971st-largest of 9,483 plans among California employers on file, and the 3,048th of 11,911 in health care & social assistance. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 188 to 275 since 2022.

Plan summary
Net assets, end of year$26,329,050
Participants with balances226
Active participants275
Employer contributions$1,226,793
Employee contributions$2,461,762
Employer contribution per active participant$4,461
Average account balance$116,500
Benefits paid to participants$5,596,065
Plan auditUnmodified (clean) audit opinion
AuditorCLA
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 226 accts · $1.2M emplr
2023$24.7M · 193 accts · $1.1M emplr
2022$19.7M · 156 accts · $858K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,068
Investment management$60,760
Total administrative$84,828
The Samgi 401(k) match · 2024
Employer contribution per active participant$4,461
Median for plans this size$2,416
2024$4,461 per active participant
2023$4,303 per active participant
2022$4,566 per active participant

Samgi'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 · 20244
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$42,141
EMPOWER ADVISORY GROUP, LLC · Investment management$18,097
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$3,319

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$84,828 · 0.33%
2023$69,598 · 0.31%
2022$68,161 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · California
Orohealth Corporation CA$26.5M · 1.04%
Wellspace Health CA$26.3M · 0.41%
Arch Health Partners CA$26.3M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680377653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.