G&c Auto Body 401(k) Review & Grade
G&c Auto Body 401(k) Plan
Santa Rosa, CAOther Services548 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$518Employer $ per active participant
$2,740Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$8.4MNet plan assets, end of year
$14,270Average balance per account
Score breakdown
- Employer generosity14.6 / 5029th percentile for employer $ per participant
- Low cost16.6 / 2566th percentile for low admin cost vs. same-size plans
- Employee saving8.0 / 1553th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 29th |
| Lower admin cost | 66th |
| Employee saving | 53th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- G&c Auto Body put in about $518 per active participant, below the typical peer ($1,257). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $283,888 |
| Participant (employee) contributions | $1,501,448 |
| Other contributions (incl. rollovers in) | $237,399 |
| Administrative expenses paid from the plan | $10,272 |
| Other admin expenses | $10,272 |
| Benefits paid out | $1,307,186 |
| Net assets, start / end of year | $6.9M / $8.4M |
| Active participants, start / end of year | 514 / 582 |
| Participants with account balances | 587 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Alerus Financial, N.A. | $10,270 reported compensation |
| Charles Schwab Bank | $1,123 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260121172253NAL0004597041001, received 2026-01-21, EIN 68-0271452, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.