Plan Ledger DOL Form 5500 · updated monthly

South Gate Wings LLC401(k)

SOUTH GATE WINGS LLC 401(K) PROFIT SHARING PLAN & TRUST · ESCONDIDO, CA · plan year 2024

Reported admin expense ratio · 2024
24.09%

South Gate Wings LLC reported $5,141 in plan administrative expenses for 2024: 24.09% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (9,439th of 9,483), and 11,630th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$14,852
Participants with balances73
Active participants0
Employer contributions$0
Employee contributions$3,506
Employer contribution per active participant—
Average account balance$203
Benefits paid to participants$13,319
Plan auditUnmodified (clean) audit opinion
AuditorMATRANGA & COMPANY
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,161
Investment management$120
Trustee / custodial$860
Total administrative$5,141
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.

Administrative cost history1
2024$5,141 · 24.09%
Similar plansProfessional & Technical Services · California
Ontario Wings LLC CA$43K · 4.05%
Zerotek Technology Inc CA$22K · 12.69%
Tile, Inc. CA$4K · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465098549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.