Plan Ledger DOL Form 5500 · updated monthly

Gcc Technologies, LLC401(k)

GCC TECHNOLOGIES, LLC RETIREMENT PLAN AND TRUST · OAKLAND, MD · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Gcc Technologies, LLC reported $22,091 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,822 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 rose from 0.02% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,075th of 1,671), and 8,564th of 11,654 in professional & technical services. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has shrunk from 58 to 51 since 2022.

Plan summary
Net assets, end of year$8,322,072
Participants with balances169
Active participants51
Employer contributions$143,920
Employee contributions$198,815
Employer contribution per active participant$2,822
Average account balance$49,243
Benefits paid to participants$443,336
Plan auditUnmodified (clean) audit opinion
AuditorTHE RODEHEAVER GROUP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 169 accts · $144K emplr
2023$7.5M · 176 accts · $176K emplr
2022$6.8M · 193 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,895
Investment management$19,196
Total administrative$22,091
The Gcc Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$2,822
Median for plans this size$1,313
2024$2,822 per active participant
2023$3,389 per active participant
2022$4,543 per active participant

Gcc Technologies, LLC's 2024 employer contribution ran above the $1,313 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 · 20243
TRUIST INVESTMENT SERVICE INC · Investment advisory (plan)$19,196
METRO BENEFITS, INC. · Contract administrator$1,591

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$22,091 · 0.28%
2023$880 · 0.01%
2022$1,665 · 0.02%
Similar plansProfessional & Technical Services · Maryland
Colossal Contracting, LLC MD$8.6M · 0.96%
The Matrix Group Inc MD$8.5M · 0.23%
Versatech, Inc. MD$8.0M · 0.34%
Econometrica, Inc. MD$8.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522056359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.