Plan Ledger DOL Form 5500 · updated monthly

Gadco Holding, LLC401(k)

GREATER AUSTIN DEVELOPMENT COMPANY 401(K) PLAN · CREEDMOOR, TX · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Gadco Holding, LLC reported $39,482 in plan administrative expenses for 2023: 0.63% of average plan assets, above the peer median. Employer contributions averaged $985 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 1 year on file its reported administrative ratio fell from 0.75% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,687th of 5,688), and 3,642nd of 5,337 in construction. In 2023, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,621,257
Participants with balances99
Active participants245
Employer contributions$241,344
Employee contributions$368,147
Employer contribution per active participant$985
Average account balance$66,881
Benefits paid to participants$729,121
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$6.6M · 99 accts · $241K emplr
2022$6.0M · 98 accts · $241K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$39,482
Total administrative$39,482
The Gadco Holding, LLC 401(k) match · 2023
Employer contribution per active participant$985
Median for plans this size$1,308
2023$985 per active participant
2022$1,138 per active participant

Gadco Holding, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,102

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

Administrative cost history2
2023$39,482 · 0.63%
2022$48,994 · 0.75%
Same employer
Similar plansConstruction · Texas
Southwest Cabinet Corp TX$7.1M · 0.61%
B&E Resources, LLC TX$6.6M · 0.20%
Capform, Inc. TX$6.6M · 0.35%
The Levy Company, Inc. TX$6.5M · 0.50%
Ckm Industries, Inc. TX$6.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872539497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.