Plan Ledger DOL Form 5500 · updated monthly

Gearbox Software LLC401(k)

GEARBOX SOFTWARE LLC 401(K) PLAN · FRISCO, TX · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Gearbox Software LLC reported $151,108 in plan administrative expenses for 2023: 0.21% of average plan assets, above the peer median. Employer contributions averaged $4,310 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 0.20% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 727th-largest of 5,688 plans among Texas employers on file, and the 1,770th of 11,654 in professional & technical services. In 2023, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$84,073,548
Participants with balances1,050
Active participants1,039
Employer contributions$4,478,061
Employee contributions$9,756,328
Employer contribution per active participant$4,310
Average account balance$80,070
Benefits paid to participants$3,835,255
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Plan history2
Yearassets · accounts · employer contribution
2023$84.1M · 1,050 accts · $4.5M emplr
2022$58.1M · 889 accts · $3.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$72,451
Investment management$78,657
Total administrative$151,108
The Gearbox Software LLC 401(k) match · 2023
Employer contribution per active participant$4,310
Median for plans this size$3,659
2023$4,310 per active participant
2022$2,972 per active participant

Gearbox Software LLC's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$72,451
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$45,771
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$32,886

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

Administrative cost history2
2023$151,108 · 0.21%
2022$108,027 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Texas
QUIDDITY-1, Inc. TX$89.6M · 0.04%
HR & P Solutions, Inc. TX$80.9M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752806132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.