Gala North America Inc.401(k)
GALA GROUP 401(K) PLAN · DUBLIN, VA · plan year 2021
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Gala North America Inc. reported $7,423 in plan administrative expenses for 2021: 1.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $432 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 rose from 1.88% to 2.18%. The plan sits in the under $1M size bracket, benchmarked here against 93 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Virginia (2,225th of 2,266), and 13,465th of 13,661 in manufacturing. In 2021, employees put in $1.88 for every $1.00 the employer contributed.
Gala North America Inc.'s 2021 employer contribution ran above the $275 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.
Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 464075013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.