Plan Ledger DOL Form 5500 · updated monthly

Gcc Mso Holdings, LLC401(k)

GCC MSO HOLDINGS, LLC 401(K) PLAN · ROCHESTER HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
2.88%

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

Gcc Mso Holdings, LLC reported $55,521 in plan administrative expenses for 2024: 2.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,184 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 1 year on file its reported administrative ratio rose from 0.23% to 2.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Michigan (2,305th of 2,619), and 772nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,536,677
Participants with balances837
Active participants525
Employer contributions$621,730
Employee contributions$785,791
Employer contribution per active participant$1,184
Average account balance$3,031
Benefits paid to participants$316,661
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history2
Yearassets · accounts · employer contribution
2024$2.5M · 837 accts · $622K emplr
2023$1.3M · 419 accts · $91K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,746
Investment management$15,638
Trustee / custodial$1,137
Total administrative$55,521
The Gcc Mso Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,184
Median for plans this size$1,313
2024$1,184 per active participant
2023$465 per active participant

Gcc Mso Holdings, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LEADING RETIREMENT SOLUTIONS · Contract administrator · Recordkeeping$37,336
CAPITAL ASSET ADVISORY SERVICES, LL · Investment management$15,638

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

Administrative cost history2
2024$55,521 · 2.88%
2023$2,996 · 0.23%
Similar plansAgriculture, Forestry & Fishing · Michigan
Bloem LLC MI$4.5M · 0.61%
Dykhuis Farms, Inc. MI$2.1M · 0.03%
Integrity Tree Services MI$1.2M · 0.81%
Pure Hothouse Foods MI$299K · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 922248074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.