Plan Ledger DOL Form 5500 · updated monthly

Gas Field Services401(k)

GAS FIELD SERVICES RETIREMENT PLAN · ROSEDALE, VA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Gas Field Services reported $956 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $889 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 0.24% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Virginia (1,943rd of 2,266), and 381st of 412 in utilities. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 223 to 370 since 2022.

Plan summary
Net assets, end of year$3,696,864
Participants with balances167
Active participants370
Employer contributions$328,850
Employee contributions$545,594
Employer contribution per active participant$889
Average account balance$22,137
Benefits paid to participants$342,158
Plan auditUnmodified (clean) audit opinion
AuditorDENT MOSES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 167 accts · $329K emplr
2023$2.7M · 159 accts · $283K emplr
2022$1.9M · 148 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$956
Total administrative$956
The Gas Field Services 401(k) match · 2024
Employer contribution per active participant$889
Median for plans this size$1,313
2024$889 per active participant
2023$925 per active participant
2022$988 per active participant

Gas Field Services's 2024 employer contribution ran below the $1,313 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 · 20241
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$956

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$956 · 0.03%
2023$932 · 0.04%
2022$4,283 · 0.24%
Same employer
Similar plansUtilities · Virginia
Rgc Resources, Inc. VA$23.0M · 0.15%
Summit Ridge Energy, LLC VA$12.0M · 0.66%
Spivey Service Corp. VA$3.3M · 0.23%
Spivey Rentals, Inc. VA$2.5M · 0.38%
Jw Powerline, LLC VA$741K · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753169499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.