Plan Ledger DOL Form 5500 · updated monthly

Gan Corporation401(k)

GAN CORPORATION 401(K) PROFIT SHARING PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Gan Corporation reported $21,938 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,237 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 0.01% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 266th-largest of 902 plans among Alabama employers on file, and the 4,838th of 11,654 in professional & technical services. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has shrunk from 161 to 141 since 2022.

Plan summary
Net assets, end of year$24,426,033
Participants with balances246
Active participants141
Employer contributions$1,443,461
Employee contributions$1,652,015
Employer contribution per active participant$10,237
Average account balance$99,293
Benefits paid to participants$3,445,646
Plan auditUnmodified (clean) audit opinion
AuditorHILL FOGG, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 246 accts · $1.4M emplr
2023$21.5M · 253 accts · $611K emplr
2022$17.0M · 244 accts · $697K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,938
Total administrative$21,938
The Gan Corporation 401(k) match · 2024
Employer contribution per active participant$10,237
Median for plans this size$2,416
2024$10,237 per active participant
2023$3,750 per active participant
2022$4,329 per active participant

Gan Corporation's 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,938
MORGAN STANLEY SMITH BARNEYindirect 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$21,938 · 0.10%
2023$20,275 · 0.11%
2022$1,963 · 0.01%
All plans at this employer2
GAN CORPORATION 401(K) PROFIT SHARING PLAN401(k)
GAN CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · Alabama
Therapy Brands Thrive, LLC AL$31.6M · 0.47%
Cory Watson, P.C. AL$27.3M · 0.16%
Kassouf & Co., Inc. AL$25.1M · 0.31%
Premployer, Inc. AL$23.3M · 0.94%
Thompson Gray, Inc. AL$22.5M · 0.48%
Cdg, Inc. AL$21.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201007795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.