Plan Ledger DOL Form 5500 · updated monthly

Garden City Co-Op, Inc.401(k)

UBG 401(K) - GARDEN CITY (SH PLAN) · GARDEN CITY, KS · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Garden City Co-Op, Inc. reported $30,476 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,029 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 fell from 0.33% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Kansas (465th of 828), and the 422nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,084,116
Participants with balances127
Active participants141
Employer contributions$286,087
Employee contributions$372,252
Employer contribution per active participant$2,029
Average account balance$87,277
Benefits paid to participants$392,426
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 127 accts · $286K emplr
2023$9.6M · 128 accts · $278K emplr
2022$8.3M · 130 accts · $276K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,476
Investment management$5,000
Total administrative$30,476
The Garden City Co-Op, Inc. 401(k) match · 2024
Employer contribution per active participant$2,029
Median for plans this size$2,416
2024$2,029 per active participant
2023$2,032 per active participant
2022$2,057 per active participant

Garden City Co-Op, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
UNITED BENEFITS GROUP · Contract administrator$9,797
INTELLICENTS INVESTMENT SOLUTIONS · Investment advisory (plan)$5,000

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$30,476 · 0.29%
2023$28,263 · 0.32%
2022$25,931 · 0.33%
Similar plansAgriculture, Forestry & Fishing · Kansas
Syracuse Dairy, LLC KS$9.8M · 0.48%
Cobalt Cattle Company LLC KS$9.6M · 0.04%
Skyland Coop, Inc KS$9.2M · 0.54%
Skyland Grain, LLC KS$8.9M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480231740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.