Plan Ledger DOL Form 5500 · updated monthly

Gehl Foods, LLC401(k)

GEHL FOODS, LLC 401(K) SALARY SAVINGS PLAN · GERMANTOWN, WI · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Gehl Foods, LLC reported $156,319 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,227 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 0.34% to 0.36%. 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 448th-largest of 1,936 plans among Wisconsin employers on file, and the 3,355th of 13,661 in manufacturing. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has grown from 843 to 949 since 2022.

Plan summary
Net assets, end of year$45,844,099
Participants with balances698
Active participants949
Employer contributions$1,163,998
Employee contributions$3,590,881
Employer contribution per active participant$1,227
Average account balance$65,679
Benefits paid to participants$4,616,326
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.8M · 698 accts · $1.2M emplr
2023$40.4M · 653 accts · $1.0M emplr
2022$34.4M · 671 accts · $813K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,319
Total administrative$156,319
The Gehl Foods, LLC 401(k) match · 2024
Employer contribution per active participant$1,227
Median for plans this size$2,416
2024$1,227 per active participant
2023$1,145 per active participant
2022$964 per active participant

Gehl Foods, LLC'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$156,319
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp

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$156,319 · 0.36%
2023$135,058 · 0.36%
2022$130,443 · 0.34%
Same employer
Similar plansManufacturing · Wisconsin
Wolter, Inc. WI$48.0M · 0.29%
Alto-Shaam, Inc. WI$47.9M · 0.27%
Lavelle Industries, Inc. WI$47.2M · 0.23%
Worzalla, Inc. WI$45.9M · 0.52%
Andis Company WI$44.5M · 0.49%
Avidity Science LLC WI$43.4M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 390300460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.