Plan Ledger DOL Form 5500 · updated monthly

Gateway Industrial Power, Inc.401(k)

GATEWAY INDUSTRIAL POWER, INC. RETIREMENT SAVINGS PLAN · COLLINSVILLE, IL · plan year 2025

Reported admin expense ratio · 2025
0.44%

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

Gateway Industrial Power, Inc. reported $91,325 in plan administrative expenses for 2025: 0.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,092 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 3 years on file its reported administrative ratio fell from 0.47% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other other services employers. By assets it is the 1,584th-largest of 3,702 plans among Illinois employers on file, and the 954th of 3,341 in other services. In 2025, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,756,829
Participants with balances203
Active participants238
Employer contributions$735,866
Employee contributions$1,149,391
Employer contribution per active participant$3,092
Average account balance$112,103
Benefits paid to participants$1,311,034
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$22.8M · 203 accts · $736K emplr
2024$18.5M · 199 accts · $623K emplr
2023$17.1M · 216 accts · $660K emplr
2022$15.6M · 224 accts · $659K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$36,673
Investment management$54,652
Total administrative$91,325
The Gateway Industrial Power, Inc. 401(k) match · 2025
Employer contribution per active participant$3,092
Median for plans this size$2,666
2025$3,092 per active participant
2024$2,885 per active participant
2023$2,896 per active participant
2022$2,902 per active participant

Gateway Industrial Power, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$36,673
RUBINBROWN LLP · Investment advisory (plan)$54,652
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year3
2025EPIC RPS
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history4
2025$91,325 · 0.44%
2024$84,225 · 0.47%
2023$76,688 · 0.47%
2022$79,756 · 0.47%
Same employer
Similar plansOther Services · Illinois
Evans Scholars Foundation IL$24.1M · 0.03%
Trinity Services Inc. IL$23.6M · 0.04%
Harting, Inc. IL$22.3M · 0.40%
Million Dollar Round Table IL$22.2M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201225632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.