Plan Ledger DOL Form 5500 · updated monthly

Gables Engineering, Inc.401(k)

GABLES ENGINEERING, INC. 401(K) PLAN · CORAL GABLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Gables Engineering, Inc. reported $41,262 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,321 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 0.07% to 0.05%. 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 336th-largest of 3,644 plans among Florida employers on file, and the 1,992nd of 13,661 in manufacturing. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$93,949,107
Participants with balances263
Active participants238
Employer contributions$1,028,507
Employee contributions$1,382,516
Employer contribution per active participant$4,321
Average account balance$357,221
Benefits paid to participants$7,260,738
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$93.9M · 263 accts · $1.0M emplr
2023$81.5M · 276 accts · $1.2M emplr
2022$67.4M · 255 accts · $923K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,209
Investment management$5,053
Total administrative$41,262
The Gables Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$4,321
Median for plans this size$3,635
2024$4,321 per active participant
2023$4,070 per active participant
2022$3,679 per active participant

Gables Engineering, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$35,984
BRINKER CAPITAL INVESTMENTS LL · Investment advisory (participants)$5,053
CHARLES SCHWAB & CO., INC. · Securities brokerage$408

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$41,262 · 0.05%
2023$37,443 · 0.05%
2022$51,915 · 0.07%
Same employer
Similar plansManufacturing · Florida
Mapei Corporation FL$119.6M · 0.23%
National Beverage Corp. FL$89.2M · 0.27%
Safariland, LLC FL$88.6M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590561349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.