Plan Ledger DOL Form 5500 · updated monthly

San Gabriel Transit, Inc. and Affiliates401(k)

SAN GABRIEL TRANSIT & AFFILIATES 401(K) RETIREMENT PLAN · EL MONTE, CA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

San Gabriel Transit, Inc. and Affiliates reported $4,331 in plan administrative expenses for 2024: 0.44% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.08% to 0.44%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in California (8,816th of 9,483), and 2,302nd of 2,677 in transportation & warehousing. active participation has grown from 860 to 974 since 2022.

Plan summary
Net assets, end of year$1,036,606
Participants with balances49
Active participants974
Employer contributions$0
Employee contributions$57,843
Employer contribution per active participant$0
Average account balance$21,155
Benefits paid to participants$42,054
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINSON & BLOODGOOD, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.0M · 49 accts
2023$917K · 101 accts
2022$860K · 145 accts · $4K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,331
Total administrative$4,331
The San Gabriel Transit, Inc. and Affiliates 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

San Gabriel Transit, Inc. and Affiliates's 2024 employer contribution ran below the $540 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 · 20242
JULY BUSINESS SERVICES LLC$4,331
MATRIX FINANCIAL SOLUTIONS, INC. · Custodial · Trusteeindirect comp

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$4,331 · 0.44%
2023$3,910 · 0.44%
2022$690 · 0.08%
Similar plansTransportation & Warehousing · California
Meathead Movers, Inc. CA$1.3M · 0.35%
Kilam Inc CA$1.1M · 0.24%
Ldi Trucking, Inc. CA$989K · 2.10%
Rich Doss, Inc. CA$768K · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951771822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.