Plan Ledger DOL Form 5500 · updated monthly

Gelest, Inc.401(k)

GELEST HOLDINGS 401(K) PLAN · MORRISVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Gelest, Inc. reported $178,197 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,432 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 0.48% to 0.51%. 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 1,011th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,884th of 13,661 in manufacturing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 253 to 290 since 2022.

Plan summary
Net assets, end of year$37,130,579
Participants with balances310
Active participants290
Employer contributions$1,285,360
Employee contributions$2,645,322
Employer contribution per active participant$4,432
Average account balance$119,776
Benefits paid to participants$3,628,851
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.1M · 310 accts · $1.3M emplr
2023$32.1M · 292 accts · $1.1M emplr
2022$26.8M · 271 accts · $999K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,139
Investment management$83,048
Total administrative$178,197
The Gelest, Inc. 401(k) match · 2024
Employer contribution per active participant$4,432
Median for plans this size$2,416
2024$4,432 per active participant
2023$4,197 per active participant
2022$3,947 per active participant

Gelest, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
MORGAN STANLEY · Investment advisory (plan)$69,785
EMPOWER ADVISORY GROUP, LLC · Investment management$13,263

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$178,197 · 0.51%
2023$144,087 · 0.49%
2022$131,308 · 0.48%
Same employer
Similar plansManufacturing · Pennsylvania
Danzer Services, Inc. PA$37.8M · 0.24%
Eam-Mosca Corporation PA$37.7M · 0.23%
Sweet Street Desserts, Inc. PA$37.2M · 0.02%
A & H Sportswear Co., Inc. PA$36.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232499368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.