Plan Ledger DOL Form 5500 · updated monthly

Gbg USA Inc.401(k)

GBG USA 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.41%

Gbg USA Inc. reported $345,591 in plan administrative expenses for 2022: 0.41% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio rose from 0.41% to 0.81%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,206th-largest of 5,648 plans among New York employers on file, and the 687th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$59,678,142
Participants with balances743
Active participants0
Employer contributions$0
Employee contributions-$126
Employer contribution per active participant—
Average account balance$80,321
Benefits paid to participants$30,969,133
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN, CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$5K · 3 accts
2022$59.7M · 743 accts
Administrative expenses, itemized · 2022
Investment management$25,467
Total administrative$345,591
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$242,416 · 0.81%
2022$345,591 · 0.41%
Similar plansWholesale Trade · New York
Kravet Inc. NY$66.1M · 0.29%
Darby Dental Supply, LLC NY$65.2M · 0.05%
Transcat, Inc. NY$60.5M · 0.02%
Shake-N-Go Fashion, Inc. NY$59.9M · 0.22%
McGard LLC NY$58.9M · 0.08%
Trammo, Inc NY$57.1M · 0.01%
Kiss Nail Products, Inc. NY$56.7M · 0.40%
Sid Harvey Industries, Inc. NY$49.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943032467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.