Plan Ledger DOL Form 5500 · updated monthly

Gear Up Sports, Inc.401(k)

GEAR UP SPORTS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · HILLSBORO, OR · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Gear Up Sports, Inc. reported $11,252 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,050 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 has held roughly steady near 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Oregon (877th of 1,021), and 3,987th of 4,246 in wholesale trade. In 2024, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,469,738
Participants with balances157
Active participants155
Employer contributions$162,787
Employee contributions$477,640
Employer contribution per active participant$1,050
Average account balance$15,731
Benefits paid to participants$102,496
Plan auditUnmodified (clean) audit opinion
AuditorPERKINS AND COMPANY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$2.5M · 157 accts · $163K emplr
2023$1.6M · 123 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,252
Total administrative$11,252
The Gear Up Sports, Inc. 401(k) match · 2024
Employer contribution per active participant$1,050
Median for plans this size$1,313
2024$1,050 per active participant
2023$1,237 per active participant

Gear Up Sports, Inc.'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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$11,252

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 Gear Up Sports, 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 history2
2024$11,252 · 0.55%
2023$7,147 · 0.57%
Same employer
Similar plansWholesale Trade · Oregon
Spada Properties, Inc. OR$4.1M · 0.49%
Synergy Medical Systems OR$3.2M · 0.47%
Pwcc Marketplace OR$3.0M · 1.06%
Dakavia Management Corp. OR$1.5M · 0.51%
Duckwall-Pooley Fruit Co. OR$1.2M · 0.69%
Nw Supermarkets Inc OR$836K · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832092474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.