Gardant Management Solutions, Inc.401(k)
GARDANT MANAGEMENT SOLUTIONS, INC. RETIREMENT SAVINGS PLAN · KANKAKEE, IL · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Gardant Management Solutions, Inc. reported $1,612 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,244 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 0.68% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,662nd of 3,702), and 6,628th of 11,911 in health care & social assistance. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 111 to 138 since 2022.
Gardant Management Solutions, 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 364311879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.