Gebbs Healthcare Solutions, Inc 401(k) Review & Grade
Ghsi 401(k) Plan
Culver City, CAProfessional, Scientific & Technical Services693 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$663Employer $ per active participant
$1,447Employee $ saved per active participant
1.26%Direct admin cost, % of plan assets
$9.0MNet plan assets, end of year
$21,044Average balance per account
Score breakdown
- Employer generosity7.8 / 5016th percentile for employer $ per participant
- Low cost1.0 / 254th percentile for low admin cost vs. same-size plans
- Employee saving1.1 / 157th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score13 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 4th |
| Employee saving | 7th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Gebbs Healthcare Solutions put in about $663 per active participant, below the typical peer ($3,082). 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.
- Direct plan expenses (1.26% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $459,558 |
| Participant (employee) contributions | $1,002,733 |
| Other contributions (incl. rollovers in) | $69,960 |
| Administrative expenses paid from the plan | $88,914 |
| Benefits paid out | $1,299,981 |
| Net assets, start / end of year | $5.1M / $9.0M |
| Active participants, start / end of year | 419 / 967 |
| Participants with account balances | 429 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | David L. Buck |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014140430NAL0001509683001, received 2025-10-14, EIN 26-3746595, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.