Plan Ledger DOL Form 5500 · updated monthly

Gas Field Specialists, Inc.401(k)

GAS FIELD SPECIALISTS, INC. 401(K) RETIREMENT PLAN · SHINGLEHOUSE, PA · 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 Specialists, Inc. reported $1,920 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,244 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 2 years on file its reported administrative ratio fell from 0.031% to 0.030%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (2,640th of 3,651), and 2,015th of 3,341 in other services. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 120 to 136 since 2022.

Plan summary
Net assets, end of year$7,031,852
Participants with balances118
Active participants136
Employer contributions$169,121
Employee contributions$355,856
Employer contribution per active participant$1,244
Average account balance$59,592
Benefits paid to participants$289,909
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 118 accts · $169K emplr
2023$6.0M · 113 accts · $142K emplr
2022$4.9M · 111 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,920
Total administrative$1,920
The Gas Field Specialists, Inc. 401(k) match · 2024
Employer contribution per active participant$1,244
Median for plans this size$1,313
2024$1,244 per active participant
2023$1,103 per active participant
2022$1,238 per active participant

Gas Field Specialists, Inc.'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
THE VANGUARD GROUP, INC. · Recordkeeping$1,920

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$1,920 · 0.03%
2023$1,065 · 0.02%
2022$1,815 · 0.03%
Same employer
Similar plansOther Services · Pennsylvania
Perseus House, Inc. PA$7.7M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251329827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.