Plan Ledger DOL Form 5500 · updated monthly

Gates, Hudson & Associates, Inc.401(k)

GATES, HUDSON & ASSOCIATES EMPLOYEE 401(K) PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Gates, Hudson & Associates, Inc. reported $128,355 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $807 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 0.49% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 874th-largest of 2,266 plans among Virginia employers on file, and the 551st of 2,096 in real estate & leasing. In 2024, employees put in $4.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,254,594
Participants with balances775
Active participants644
Employer contributions$519,612
Employee contributions$2,559,176
Employer contribution per active participant$807
Average account balance$31,296
Benefits paid to participants$2,909,240
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 775 accts · $520K emplr
2023$21.2M · 750 accts · $548K emplr
2022$23.8M · 958 accts · $556K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,666
Investment management$38,689
Total administrative$128,355
The Gates, Hudson & Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$807
Median for plans this size$2,416
2024$807 per active participant
2023$997 per active participant
2022$823 per active participant

Gates, Hudson & Associates, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$89,666
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$38,689

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$128,355 · 0.56%
2023$130,797 · 0.58%
2022$124,787 · 0.49%
Same employer
Similar plansReal Estate & Leasing · Virginia
Paradigm Management II LP VA$30.5M · 0.40%
The Caton Companies VA$29.8M · 0.09%
Grayco, Inc. VA$24.9M · 0.29%
Paradigm Management II LP VA$23.2M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541150334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.