Plan Ledger DOL Form 5500 · updated monthly

Southgate Glass & Screen401(k)

SOUTHGATE GLASS & SCREEN 401(K) PROFIT SHARING PLAN · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Southgate Glass & Screen reported $29,153 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $996 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 0.52% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (6,998th of 9,483), and 3,762nd of 5,215 in retail trade. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 191 to 242 since 2022.

Plan summary
Net assets, end of year$5,006,823
Participants with balances225
Active participants242
Employer contributions$241,018
Employee contributions$526,521
Employer contribution per active participant$996
Average account balance$22,253
Benefits paid to participants$757,647
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 225 accts · $241K emplr
2023$4.5M · 160 accts · $197K emplr
2022$3.3M · 160 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,266
Investment management$22,887
Total administrative$29,153
The Southgate Glass & Screen 401(k) match · 2024
Employer contribution per active participant$996
Median for plans this size$1,313
2024$996 per active participant
2023$1,007 per active participant
2022$1,117 per active participant

Southgate Glass & Screen's 2024 employer contribution ran below the $1,313 median for plans its size. 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
ALLWORTH FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$22,887
ASCENSUS LLC · Contract administrator$6,163

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$29,153 · 0.62%
2023$18,794 · 0.48%
2022$17,754 · 0.52%
Similar plansRetail Trade · California
Goodwill Central Coast CA$5.2M · 1.12%
Stance, Inc. CA$5.2M · 0.29%
Ocelot Engineering, Inc. CA$5.0M · 0.41%
Bob Stall Chevrolet CA$5.0M · 0.11%
Ildico Inc CA$4.9M · 0.81%
Vallarta Supermarkets CA$4.8M · 1.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680384486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.