Plan Ledger DOL Form 5500 · updated monthly

G. M. Warehouse Inc401(k)

PETE'S FRESH MARKET 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

G. M. Warehouse Inc reported $64,643 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $183 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 has held roughly steady near 1.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,877th of 3,702), and 3,549th of 4,246 in wholesale trade. In 2024, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,686,157
Participants with balances617
Active participants1,737
Employer contributions$317,643
Employee contributions$928,950
Employer contribution per active participant$183
Average account balance$9,216
Benefits paid to participants$330,734
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.7M · 617 accts · $318K emplr
2023$4.2M · 602 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,643
Total administrative$64,643
The G. M. Warehouse Inc 401(k) match · 2024
Employer contribution per active participant$183
Median for plans this size$1,313
2024$183 per active participant
2023$168 per active participant

G. M. Warehouse Inc'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$64,642
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$64,643 · 1.31%
2023$46,637 · 1.36%
Same employer
Similar plansWholesale Trade · Illinois
Sievers Equipment Company IL$5.9M · 1.12%
Anthony Marano Company IL$5.8M · 0.92%
Rilco, Inc. IL$5.8M · 0.44%
Connexion IL$5.6M · 0.90%
Imagetec, L.P. IL$5.6M · 0.45%
The Paper Tigers, Inc. IL$5.6M · 0.47%
Treetop Products, Inc. IL$5.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450539235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.