Plan Ledger DOL Form 5500 · updated monthly

Gecom Corporation401(k)

MITSUI KINZOKU NORTH AMERICAN 401(K) RETIREMENT PLAN · GREENSBURG, IN · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Gecom Corporation reported $120,525 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $952 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 0.31% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 355th-largest of 1,562 plans among Indiana employers on file, and the 3,832nd of 13,661 in manufacturing. In 2024, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,893,563
Participants with balances562
Active participants369
Employer contributions$351,168
Employee contributions$1,148,006
Employer contribution per active participant$952
Average account balance$67,426
Benefits paid to participants$4,398,360
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.9M · 562 accts · $351K emplr
2023$35.7M · 509 accts · $368K emplr
2022$33.4M · 534 accts · $351K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,569
Investment management$75,956
Total administrative$120,525
The Gecom Corporation 401(k) match · 2024
Employer contribution per active participant$952
Median for plans this size$2,416
2024$952 per active participant
2023$994 per active participant
2022$869 per active participant

Gecom Corporation's 2024 employer contribution ran below the $2,416 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 · 20244
RAYMOND JAMES · Recordkeeping · Trustee$48,000
ADP, INC. · Loan processing · Recordkeeping$44,568
GECOM CORPORATION · Recordkeeping · Pension consulting$27,955
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, GECOM CORPORATION, Raymond James
2023ADP, Raymond James

This plan has changed recordkeepers within these filings. If you left Gecom Corporation 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$120,525 · 0.33%
2023$98,461 · 0.28%
2022$116,113 · 0.31%
Same employer
Similar plansManufacturing · Indiana
Phd, Inc. IN$41.7M · 0.15%
Farbest Foods, Inc. IN$40.6M · 0.32%
Muncie Power Products Inc. IN$39.3M · 0.26%
Autocar, LLC IN$37.4M · 0.31%
Indian Industries, Inc. IN$37.3M · 0.19%
American Beverage Marketers IN$36.4M · 0.34%
Micropulse, Inc. IN$35.8M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351706912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.