Plan Ledger DOL Form 5500 · updated monthly

Gateway Management Group, LLC401(k)

GATEWAY MANAGEMENT GROUP, LLC 401(K) PLAN · ST LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Gateway Management Group, LLC reported $2,893 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $157 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 has held roughly steady near 0.069%. 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 Missouri (1,106th of 1,393), and 2,379th of 3,341 in other services. In 2024, employees put in $6.85 for every $1.00 the employer contributed; active participation has grown from 162 to 351 since 2022.

Plan summary
Net assets, end of year$4,582,756
Participants with balances185
Active participants351
Employer contributions$55,231
Employee contributions$378,188
Employer contribution per active participant$157
Average account balance$24,772
Benefits paid to participants$175,920
Plan auditUnmodified (clean) audit opinion
AuditorPEAK AUDITS AND ACCOUNTING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 185 accts · $55K emplr
2023$3.8M · 183 accts · $55K emplr
2022$2.9M · 174 accts · $41K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,893
Total administrative$2,893
The Gateway Management Group, LLC 401(k) match · 2024
Employer contribution per active participant$157
Median for plans this size$1,313
2024$157 per active participant
2023$168 per active participant
2022$255 per active participant

Gateway Management Group, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$2,892

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$2,893 · 0.07%
2023$1,879 · 0.06%
2022$2,017 · 0.07%
Same employer
Similar plansOther Services · Missouri
Kansas City Care Clinic MO$6.4M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873527264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.