Plan Ledger DOL Form 5500 · updated monthly

G3 Technologies Inc401(k)

G3 TECHNOLOGIES INC 401(K) PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

G3 Technologies Inc reported $24,510 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,112 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 0.05% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 286th-largest of 1,671 plans among Maryland employers on file, and the 2,781st of 13,661 in manufacturing. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has shrunk from 280 to 223 since 2022.

Plan summary
Net assets, end of year$59,494,635
Participants with balances327
Active participants223
Employer contributions$1,809,046
Employee contributions$2,913,045
Employer contribution per active participant$8,112
Average account balance$181,941
Benefits paid to participants$4,881,478
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.5M · 327 accts · $1.8M emplr
2023$52.4M · 342 accts · $1.6M emplr
2022$42.4M · 330 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$24,510
Total administrative$24,510
The G3 Technologies Inc 401(k) match · 2024
Employer contribution per active participant$8,112
Median for plans this size$3,635
2024$8,112 per active participant
2023$5,200 per active participant
2022$5,992 per active participant

G3 Technologies Inc's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 202412
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$4,510
AMERICAN BEACON FUNDS · Investment managementindirect comp
DIMENSIONAL FUNDS · Investment managementindirect comp
FEDERATED FUNDS · Investment managementindirect comp
FIDELITY FUNDS · Investment managementindirect comp
INVESCO · Investment managementindirect comp
JOHN HANCOCK FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
LOOMIS - SAYLES - NATIXIS FUNDS · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
OAKMARK FUNDS · Investment managementindirect comp
PIMCO FUNDS · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$24,510 · 0.04%
2023$23,540 · 0.05%
2022$22,450 · 0.05%
Same employer
Similar plansManufacturing · Maryland
Tcom, LP MD$82.5M · 0.01%
Xometry, Inc. MD$81.3M · 0.05%
Ambu, Inc. MD$65.7M · 0.36%
Bisgp MD$56.3M · 0.43%
Usalco, LLC MD$51.4M · 0.03%
Jason Pharmaceuticals, Inc. MD$48.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522296700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.