Plan Ledger DOL Form 5500 · updated monthly

Gardner, Inc.401(k)

GARDNER, INC. 401(K) PROFIT SHARING PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Gardner, Inc. reported $96,314 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,033 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 0.23% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,367th-largest of 3,295 plans among Ohio employers on file, and the 1,976th of 4,246 in wholesale trade. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has shrunk from 399 to 345 since 2022.

Plan summary
Net assets, end of year$19,032,123
Participants with balances389
Active participants345
Employer contributions$701,274
Employee contributions$1,418,627
Employer contribution per active participant$2,033
Average account balance$48,926
Benefits paid to participants$3,316,616
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 389 accts · $701K emplr
2023$17.8M · 568 accts · $734K emplr
2022$13.5M · 433 accts · $533K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,734
Investment management$38,580
Total administrative$96,314
The Gardner, Inc. 401(k) match · 2024
Employer contribution per active participant$2,033
Median for plans this size$2,416
2024$2,033 per active participant
2023$1,672 per active participant
2022$1,337 per active participant

Gardner, 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$43,737
THE SIEKMANN COMPANY · Recordkeeping · Pension consulting$38,580

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock, THE SIEKMANN COMPANY
2023John Hancock, THE SIEKMANN COMPANY

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$96,314 · 0.52%
2023$83,728 · 0.54%
2022$33,044 · 0.23%
Same employer
Similar plansWholesale Trade · Ohio
A-Gas US Inc. OH$19.6M · 0.26%
Health Care Logistics, Inc. OH$19.5M · 0.59%
Trumbull Industries, Inc. OH$19.0M · 0.17%
Interior Supply, Inc. OH$18.3M · 0.21%
Berpl, Inc. OH$17.8M

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Source: U.S. Department of Labor, Form 5500 series, EIN 310787957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.