Plan Ledger DOL Form 5500 · updated monthly

Gardens Alive Inc.401(k)

GARDENS ALIVE 401(K) SALARY SAVINGS PLAN · LAWRENCEBURG, IN · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Gardens Alive Inc. reported $199,013 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,153 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 0.50% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 332nd-largest of 1,562 plans among Indiana employers on file, and the 755th of 5,215 in retail trade. In 2023, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,859,936
Participants with balances587
Active participants742
Employer contributions$855,780
Employee contributions$1,758,401
Employer contribution per active participant$1,153
Average account balance$71,312
Benefits paid to participants$4,364,042
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.5M · 493 accts · $838K emplr
2023$41.9M · 587 accts · $856K emplr
2022$38.7M · 596 accts · $998K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$61,790
Investment management$137,223
Total administrative$199,013
The Gardens Alive Inc. 401(k) match · 2023
Employer contribution per active participant$1,153
Median for plans this size$2,440
2024$1,518 per active participant
2023$1,153 per active participant
2022$1,358 per active participant

Gardens Alive Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$67,616
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$130,080
FIFTH THIRD BANK · Investment advisory (plan)$31,553

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$185,140 · 0.44%
2023$199,013 · 0.49%
2022$206,555 · 0.50%
Same employer
Similar plansRetail Trade · Indiana
Tom Wood, Inc. IN$69.0M · 0.27%
Leep Enterprises, LLC IN$62.4M · 0.10%
Big C Lumber Co., Inc. IN$44.8M · 0.04%
Palmer Trucks, Inc. IN$39.7M · 0.39%
Ed Martin East, Inc. IN$35.0M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 061301548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.