Plan Ledger DOL Form 5500 · updated monthly

Gaggle Net Inc401(k)

GAGGLE NET INC 401(K) PROFIT SHARING PLAN & TRUST · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Gaggle Net Inc reported $10,125 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,484 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 0.107%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (2,932nd of 5,688), and 1,449th of 2,199 in information & media. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,946,075
Participants with balances206
Active participants157
Employer contributions$703,953
Employee contributions$1,276,158
Employer contribution per active participant$4,484
Average account balance$53,136
Benefits paid to participants$582,164
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 206 accts · $704K emplr
2023$8.0M · 209 accts · $680K emplr
2022$5.6M · 202 accts · $597K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,546
Investment management$1,719
Trustee / custodial$860
Total administrative$10,125
The Gaggle Net Inc 401(k) match · 2024
Employer contribution per active participant$4,484
Median for plans this size$1,313
2024$4,484 per active participant
2023$4,332 per active participant
2022$3,850 per active participant

Gaggle Net Inc's 2024 employer contribution ran above the $1,313 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 · 20241
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$5,300

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$10,125 · 0.11%
2023$20,697 · 0.30%
2022$5,736 · 0.11%
Similar plansInformation & Media · Texas
Consensys Software Inc. TX$11.5M · 0.03%
NS412, LLC TX$11.3M · 0.58%
Voxai Solutions, Inc. TX$11.3M · 0.05%
Rarefied Atmosphere TX$10.8M · 0.65%
Etech TX$10.7M · 0.75%
Zimperium, Inc. TX$10.4M · 0.57%
Hart Energy Publishing, LLC TX$10.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043602422 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.