Plan Ledger DOL Form 5500 · updated monthly

G.A.L. Manufacturing Company, LLC401(k)

THE VANTAGE GROUP RETIREMENT PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

G.A.L. Manufacturing Company, LLC reported $8,800 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,849 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,928th-largest of 5,648 plans among New York employers on file, and the 4,421st of 13,661 in manufacturing. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 438 to 569 since 2022.

Plan summary
Net assets, end of year$30,639,508
Participants with balances753
Active participants569
Employer contributions$2,758,913
Employee contributions$3,284,796
Employer contribution per active participant$4,849
Average account balance$40,690
Benefits paid to participants$2,730,273
Plan auditUnmodified (clean) audit opinion
AuditorROGOFF & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$30.6M · 753 accts · $2.8M emplr
2023$23.8M · 688 accts · $2.2M emplr
2022$8.7M · 403 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,000
Total administrative$8,800
The G.A.L. Manufacturing Company, LLC 401(k) match · 2024
Employer contribution per active participant$4,849
Median for plans this size$2,416
2024$4,849 per active participant
2023$4,026 per active participant
2022$3,427 per active participant

G.A.L. Manufacturing Company, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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

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$8,800 · 0.03%
2023$7,100 · 0.04%
2022$3,520 · 0.04%
Same employer
Similar plansManufacturing · New York
Ultralife Corporation NY$31.8M · 0.35%
Marquardt Switches, Inc. NY$31.7M · 0.29%
Titanx Engine Cooling, Inc NY$30.5M · 0.11%
Monaghan Medical Corp. NY$29.9M · 0.21%
Wac Lighting NY$29.6M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821717242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.