Plan Ledger DOL Form 5500 · updated monthly

Gabrielli Truck Sales, LTD401(k)

GABRIELLI SAVINGS AND RETIREMENT PLAN FOR EMPLOYEES · JAMAICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Gabrielli Truck Sales, LTD reported $53,142 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $888 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 rose from 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 1,015th-largest of 5,648 plans among New York employers on file, and the 478th of 5,215 in retail trade. In 2024, employees put in $6.74 for every $1.00 the employer contributed; active participation has grown from 589 to 695 since 2022.

Plan summary
Net assets, end of year$74,296,254
Participants with balances556
Active participants695
Employer contributions$617,236
Employee contributions$4,158,126
Employer contribution per active participant$888
Average account balance$133,626
Benefits paid to participants$4,286,793
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.3M · 556 accts · $617K emplr
2023$65.4M · 517 accts · $587K emplr
2022$55.9M · 512 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,595
Investment management$35,037
Total administrative$53,142
The Gabrielli Truck Sales, LTD 401(k) match · 2024
Employer contribution per active participant$888
Median for plans this size$3,635
2024$888 per active participant
2023$829 per active participant
2022$909 per active participant

Gabrielli Truck Sales, LTD's 2024 employer contribution ran below the $3,635 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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$23,198
FORVIS, LLP$5,978
ASSOCIATED PENSION CONSULTANTS, INC · Other servicesindirect comp
MORNINGSTAR · 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 history3
2024$53,142 · 0.08%
2023$36,112 · 0.06%
2022$38,993 · 0.07%
Same employer
Similar plansRetail Trade · New York
Aijj Enterprises, Inc NY$81.8M · 0.38%
Warby Parker Inc. NY$74.6M · 0.26%
Curtis Lumber Company, Inc NY$70.0M · 0.26%
Cole Haan LLC NY$68.3M · 0.07%
Rallye Motors, LLC NY$66.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113082303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.