Plan Ledger DOL Form 5500 · updated monthly

G.S. Wiring Systems,Inc.401(k)

G.S. WIRING SYSTEMS,INC. SAVINGS PLAN · FINDLAY, OH · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

G.S. Wiring Systems,Inc. reported $45,309 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,644 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 3 years on file its reported administrative ratio has held roughly steady near 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,246th of 3,295), and 9,948th of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,397,849
Participants with balances108
Active participants101
Employer contributions$166,060
Employee contributions$382,389
Employer contribution per active participant$1,644
Average account balance$68,499
Benefits paid to participants$1,079,056
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 108 accts · $166K emplr
2023$6.7M · 122 accts · $94K emplr
2022$6.1M · 112 accts · $69K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,051
Investment management$20,071
Total administrative$45,309
The G.S. Wiring Systems,Inc. 401(k) match · 2024
Employer contribution per active participant$1,644
Median for plans this size$1,313
2024$1,644 per active participant
2023$1,006 per active participant
2022$698 per active participant

G.S. Wiring Systems,Inc.'s 2024 employer contribution ran above the $1,313 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)$18,356
EMPOWER ADVISORY GROUP, LLC · Investment management$1,715
LEAFHOUSE FINANCIAL ADVISORS, LLC$187

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$45,309 · 0.64%
2023$39,305 · 0.61%
2022$41,012 · 0.62%
Similar plansManufacturing · Ohio
Fabriweld Corporation OH$7.6M · 0.75%
Woodsage LLC OH$7.6M · 0.40%
Royal Plastics, Inc. OH$7.4M · 0.10%
Ohio Holdings, Inc. OH$7.4M · 1.06%
Soft-Lite, L.L.C. OH$7.4M · 0.73%
Cast Nylons Co., LTD OH$7.4M · 0.03%
Superior Roll Forming LLC OH$7.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341611593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.