Plan Ledger DOL Form 5500 · updated monthly

G.A. West and Company, Incorporated401(k)

G.A. WEST & COMPANY 401(K) PROFIT SHARING PLAN & TRUST · SARALAND, AL · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

G.A. West and Company, Incorporated reported $50,974 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,134 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 0.44% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 362nd-largest of 902 plans among Alabama employers on file, and the 2,466th of 5,337 in construction. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 570 to 681 since 2022.

Plan summary
Net assets, end of year$15,038,760
Participants with balances234
Active participants681
Employer contributions$772,320
Employee contributions$1,412,677
Employer contribution per active participant$1,134
Average account balance$64,268
Benefits paid to participants$1,327,402
Plan auditUnmodified (clean) audit opinion
AuditorBMSS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 234 accts · $772K emplr
2023$12.4M · 204 accts · $650K emplr
2022$10.1M · 188 accts · $569K emplr
Administrative expenses, itemized · 2024
Investment management$50,974
Total administrative$50,974
The G.A. West and Company, Incorporated 401(k) match · 2024
Employer contribution per active participant$1,134
Median for plans this size$2,416
2024$1,134 per active participant
2023$1,113 per active participant
2022$998 per active participant

G.A. West and Company, Incorporated's 2024 employer contribution ran below the $2,416 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$50,974

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$50,974 · 0.37%
2023$46,803 · 0.42%
2022$47,426 · 0.44%
Same employer
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Airtek Construction Inc AL$19.3M · 0.63%
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Gulf Equipment Corporation AL$14.6M · 0.44%
Bright Future Electric, LLC AL$13.8M · 0.04%
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Source: U.S. Department of Labor, Form 5500 series, EIN 630978835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.