Plan Ledger DOL Form 5500 · updated monthly

The Gill Corporation401(k)

THE GILL CORPORATION SAVINGS & INVESTMENT 401(K) PLAN · EL MONTE, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

The Gill Corporation reported $13,035 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,751 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 0.02% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,641st-largest of 9,483 plans among California employers on file, and the 2,936th of 13,661 in manufacturing. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$55,142,443
Participants with balances911
Active participants742
Employer contributions$1,298,896
Employee contributions$3,769,819
Employer contribution per active participant$1,751
Average account balance$60,530
Benefits paid to participants$5,430,171
Plan auditUnmodified (clean) audit opinion
AuditorLUCAS,HORSFALL,MURPHY & PINDROH,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$55.1M · 911 accts · $1.3M emplr
2023$48.6M · 857 accts · $1.2M emplr
2022$45.6M · 843 accts · $997K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,035
Total administrative$13,035
The The Gill Corporation 401(k) match · 2024
Employer contribution per active participant$1,751
Median for plans this size$3,635
2024$1,751 per active participant
2023$1,686 per active participant
2022$1,445 per active participant

The Gill Corporation's 2024 employer contribution ran below the $3,635 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 · 20241
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping$13,035

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,035 · 0.03%
2023$11,750 · 0.02%
2022$10,150 · 0.02%
Same employer
Similar plansManufacturing · California
Musco Olive Products, Inc. CA$55.5M · 0.21%
Impossible Foods, Inc. CA$55.3M · 0.28%
Caymus Vineyards CA$53.2M · 0.30%
Fluidmaster, Inc. CA$53.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951496986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.