Plan Ledger DOL Form 5500 · updated monthly

G. F. Management, LLC401(k)

G. F. MANAGEMENT, LLC 401K PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

G. F. Management, LLC reported $8,412 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $363 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 0.07% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Pennsylvania (2,404th of 3,651), and the 617th of 2,240 in accommodation & food services. In 2024, employees put in $2.66 for every $1.00 the employer contributed; active participation has grown from 494 to 810 since 2022.

Plan summary
Net assets, end of year$8,943,724
Participants with balances325
Active participants810
Employer contributions$293,882
Employee contributions$782,350
Employer contribution per active participant$363
Average account balance$27,519
Benefits paid to participants$1,179,325
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 325 accts · $294K emplr
2023$7.8M · 298 accts · $241K emplr
2022$5.9M · 227 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,412
Total administrative$8,412
The G. F. Management, LLC 401(k) match · 2024
Employer contribution per active participant$363
Median for plans this size$1,313
2024$363 per active participant
2023$323 per active participant
2022$122 per active participant

G. F. Management, LLC's 2024 employer contribution ran below the $1,313 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

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$8,412 · 0.10%
2023$6,566 · 0.10%
2022$4,548 · 0.07%
Similar plansAccommodation & Food Services · Pennsylvania
Cennial Company, Inc. PA$11.0M · 0.18%
Summerwood Corporation PA$9.4M · 0.87%
Duquesne Club PA$9.4M · 0.57%
Elior Cty, LLC PA$6.7M · 0.48%
Primanti Corporation PA$6.5M · 1.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202277319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.