Plan Ledger DOL Form 5500 · updated monthly

G. M. T., LLC401(k)

GMT RETIREMENT PLAN · SAN JUAN, PR · plan year 2022

Reported admin expense ratio · 2022
1.07%

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

G. M. T., LLC reported $6,859 in plan administrative expenses for 2022: 1.07% of average plan assets, above the peer median. Employer contributions averaged $124 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in PR (291st of 323), and 2,373rd of 2,677 in transportation & warehousing. In 2022, employees put in $4.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$673,753
Participants with balances72
Active participants249
Employer contributions$30,918
Employee contributions$123,671
Employer contribution per active participant$124
Average account balance$9,358
Benefits paid to participants$16,362
Plan auditUnmodified (clean) audit opinion
AuditorMARQUES GUILLERMETY GROUP LLC
The G. M. T., LLC 401(k) match · 2022
Employer contribution per active participant$124
Median for plans this size$331

G. M. T., LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,859 · 1.07%
Same employer
Similar plansTransportation & Warehousing · PR
Seaborne Virgin Islands PR$1.9M · 0.11%
Allied Logistics, Corp. PR$624K · 1.87%
Loomis Puerto Rico, Inc. PR$599K · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660461694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.