Plan Ledger DOL Form 5500 · updated monthly

G & W Laboratories, Inc.401(k)

G&W LABORATORIES INC. RETIREMENT PLAN · SOUTH PLAINFIELD, NJ · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

G & W Laboratories, Inc. reported $38,090 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $4,488 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 rose from 0.12% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 839th-largest of 2,419 plans among New Jersey employers on file, and the 4,536th of 13,661 in manufacturing. In 2023, employees put in $4.69 for every $1.00 the employer contributed; active participation has shrunk from 133 to 43 since 2022.

Plan summary
Net assets, end of year$29,522,370
Participants with balances281
Active participants43
Employer contributions$192,994
Employee contributions$904,928
Employer contribution per active participant$4,488
Average account balance$105,062
Benefits paid to participants$2,742,684
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.7M · 262 accts · $79K emplr
2023$29.5M · 281 accts · $193K emplr
2022$25.5M · 361 accts · $136K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,090
Total administrative$38,090
The G & W Laboratories, Inc. 401(k) match · 2023
Employer contribution per active participant$4,488
Median for plans this size$2,440
2024$3,965 per active participant
2023$4,488 per active participant
2022$1,024 per active participant

G & W Laboratories, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,090

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$43,598 · 0.16%
2023$38,090 · 0.14%
2022$35,333 · 0.12%
Same employer
Similar plansManufacturing · New Jersey
Nova Wildcat Shur-Line, LLC NJ$30.4M · 0.01%
Rab Lighting, Inc. NJ$30.1M · 0.17%
Arrow Fastener Co., LLC NJ$29.7M · 0.40%
Arthur Schuman Inc. NJ$29.0M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221530141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.