Plan Ledger DOL Form 5500 · updated monthly

Gc America Inc.401(k)

GC AMERICA INC. 401(K) PLAN · ALSIP, IL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Gc America Inc. reported $111,879 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $7,765 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 0.179%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 766th-largest of 3,702 plans among Illinois employers on file, and the 2,656th of 13,661 in manufacturing. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves; active participation has grown from 291 to 332 since 2022.

Plan summary
Net assets, end of year$63,629,566
Participants with balances432
Active participants332
Employer contributions$2,578,075
Employee contributions$2,361,877
Employer contribution per active participant$7,765
Average account balance$147,291
Benefits paid to participants$9,698,089
Plan auditUnmodified (clean) audit opinion
AuditorPRICEWATERHOUSE COOPERS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$63.6M · 432 accts · $2.6M emplr
2023$61.1M · 412 accts · $2.9M emplr
2022$53.6M · 406 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,659
Investment management$82,220
Total administrative$111,879
The Gc America Inc. 401(k) match · 2024
Employer contribution per active participant$7,765
Median for plans this size$3,635
2024$7,765 per active participant
2023$10,004 per active participant
2022$8,979 per active participant

Gc America Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$82,351
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,659

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$111,879 · 0.18%
2023$99,951 · 0.17%
2022$107,003 · 0.18%
Same employer
Similar plansManufacturing · Illinois
Bergstrom Inc IL$63.7M · 0.11%
National Material, L.P. IL$62.9M · 0.09%
Blistex Inc IL$62.6M · 0.15%
Hoffer Plastics Corporation IL$62.2M · 0.19%
Basler Electric Company IL$62.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 360929190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.