Plan Ledger DOL Form 5500 · updated monthly

Allen, Gibbs & Houlik, L.C.401(k)

ALLEN, GIBBS & HOULIK, L.C. SAVINGS INCENTIVE PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Allen, Gibbs & Houlik, L.C. reported $6,510 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,138 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 fell from 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 183rd-largest of 828 plans among Kansas employers on file, and the 3,637th of 11,654 in professional & technical services. In 2024, employees put in $4.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,519,814
Participants with balances153
Active participants127
Employer contributions$271,478
Employee contributions$1,276,843
Employer contribution per active participant$2,138
Average account balance$232,156
Benefits paid to participants$1,960,720
Plan auditUnmodified (clean) audit opinion
AuditorBT&CO., P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$35.5M · 153 accts · $271K emplr
2023$31.0M · 153 accts · $947K emplr
2022$25.6M · 148 accts · $789K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,387
Trustee / custodial$1,123
Total administrative$6,510
The Allen, Gibbs & Houlik, L.C. 401(k) match · 2024
Employer contribution per active participant$2,138
Median for plans this size$2,416
2024$2,138 per active participant
2023$7,228 per active participant
2022$6,688 per active participant

Allen, Gibbs & Houlik, L.C.'s 2024 employer contribution ran below the $2,416 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 · 20241
BENEFIT CONSULTANTS GROUP · Recordkeeping · Custodial (securities)$5,387

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$6,510 · 0.02%
2023$8,504 · 0.03%
2022$9,227 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Kansas
Hinkle Law Firm LLC KS$40.8M · 0.23%
Brr Architecture, Inc. KS$40.8M · 0.19%
Unitedlex Corporation KS$39.2M · 0.19%
Mize Cpas, Inc. KS$36.4M · 0.41%
Treanorhl, Inc. KS$35.4M · 0.02%
Kvc Health Systems, Inc. KS$30.4M · 0.27%
Mmgy Global, LLC KS$28.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481032601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.