Plan Ledger DOL Form 5500 · updated monthly

G. S. Precision, Inc.401(k)

G. S. PRECISION, INC. 401(K) EMPLOYEE SAVINGS PLAN & TRUST · BRATTLEBORO, VT · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

G. S. Precision, Inc. reported $119,878 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,377 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 0.50% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 54th-largest of 230 plans among Vermont employers on file, and the 4,012th of 13,661 in manufacturing. In 2024, employees put in $2.91 for every $1.00 the employer contributed; active participation has grown from 463 to 587 since 2022.

Plan summary
Net assets, end of year$35,287,917
Participants with balances677
Active participants587
Employer contributions$808,321
Employee contributions$2,350,122
Employer contribution per active participant$1,377
Average account balance$52,124
Benefits paid to participants$3,962,469
Plan auditUnmodified (clean) audit opinion
AuditorMP P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$35.3M · 677 accts · $808K emplr
2023$32.5M · 660 accts · $659K emplr
2022$26.3M · 548 accts · $564K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,878
Total administrative$119,878
The G. S. Precision, Inc. 401(k) match · 2024
Employer contribution per active participant$1,377
Median for plans this size$2,416
2024$1,377 per active participant
2023$1,157 per active participant
2022$1,218 per active participant

G. S. Precision, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$50,000
RPCSI · Contract administrator$33,055
EMPOWER ADVISORY GROUP · Investment management$1,806

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$119,878 · 0.35%
2023$97,393 · 0.33%
2022$147,943 · 0.50%
Same employer
Similar plansManufacturing · Vermont
Mack Molding Company, Inc. VT$113.3M · 0.08%
Nolato Gw, Inc. VT$45.9M · 0.14%
Beta Technologies VT$32.6M · 0.48%
Hayward Tyler, Inc. VT$25.2M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 030214289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.