Plan Ledger DOL Form 5500 · updated monthly

Gci Residential Inc401(k)

GCI RESIDENTIAL INC 401(K) PROFIT SHARING PLAN & TRUST · CAPITOL HEIGHTS, MD · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Gci Residential Inc reported $7,393 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $421 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 0.67% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Maryland (1,309th of 1,671), and 1,490th of 2,534 in administrative & support services. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has shrunk from 420 to 240 since 2022.

Plan summary
Net assets, end of year$4,603,109
Participants with balances235
Active participants240
Employer contributions$101,033
Employee contributions$241,760
Employer contribution per active participant$421
Average account balance$19,588
Benefits paid to participants$393,616
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 235 accts · $101K emplr
2023$4.1M · 71 accts · $113K emplr
2022$3.9M · 232 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,483
Investment management$910
Total administrative$7,393
The Gci Residential Inc 401(k) match · 2024
Employer contribution per active participant$421
Median for plans this size$1,313
2024$421 per active participant
2023$267 per active participant
2022$358 per active participant

Gci Residential Inc's 2024 employer contribution ran below the $1,313 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$30,638
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (plan)$910

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

Recordkeeper by year2
2024The Standard
2023Paychex

This plan has changed recordkeepers within these filings. If you left Gci Residential Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,393 · 0.17%
2023$28,566 · 0.71%
2022$29,021 · 0.67%
Similar plansAdministrative & Support Services · Maryland
Psi Services III, Inc. MD$7.5M · 0.00%
Denison Landscaping, Inc. MD$7.0M · 0.62%
Wb Waste Solutions MD$4.9M · 0.84%
Curtis Bay Energy, Inc. MD$4.7M · 0.99%
The Ravens Group, Inc. MD$4.1M · 1.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824769224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.