Plan Ledger DOL Form 5500 · updated monthly

Gb Auto Service, Inc.401(k)

GB AUTO SERVICE, INC. 401(K) PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Gb Auto Service, Inc. reported $254,681 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $553 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 0.56% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 173rd-largest of 1,285 plans among Arizona employers on file, and the 399th of 3,341 in other services. In 2024, employees put in $3.05 for every $1.00 the employer contributed; active participation has grown from 3,054 to 4,042 since 2022.

Plan summary
Net assets, end of year$54,798,135
Participants with balances1,459
Active participants4,042
Employer contributions$2,235,609
Employee contributions$6,817,161
Employer contribution per active participant$553
Average account balance$37,559
Benefits paid to participants$7,779,275
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.8M · 1,459 accts · $2.2M emplr
2023$44.7M · 1,500 accts · $2.2M emplr
2022$32.0M · 1,158 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$254,681
Total administrative$254,681
The Gb Auto Service, Inc. 401(k) match · 2024
Employer contribution per active participant$553
Median for plans this size$2,416
2024$553 per active participant
2023$373 per active participant
2022$579 per active participant

Gb Auto Service, 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 · 20245
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$87,819
ALLIANCE BENEFIT GROUP OF HOUSTON · Contract administrator$73,655
EMPOWER ADVISORY GROUP, LLC · Investment management$45,596
FIDUCIARY WISE LLC$22,700

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$254,681 · 0.51%
2023$276,213 · 0.72%
2022$151,339 · 0.56%
Same employer
Similar plansOther Services · Arizona
Flexprint, LLC AZ$113.5M · 0.20%
Edgio, Inc. AZ$67.0M · 0.19%
J. D. Steel Co., Inc. AZ$44.0M · 0.16%
Alliance Defending Freedom AZ$31.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823087766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.