Plan Ledger DOL Form 5500 · updated monthly

Gemcraft Homes Inc401(k)

GEMCRAFT HOMES INC 401(K) PLAN · NEW FREEDOM, PA · plan year 2024

Reported admin expense ratio · 2024
0.27%

Gemcraft Homes Inc reported $14,217 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. 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 0.24% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (2,786th of 3,651), and 3,838th of 5,337 in construction.

Plan summary
Net assets, end of year$5,730,592
Participants with balances90
Active participants78
Employer contributions—
Employee contributions$344,160
Employer contribution per active participant—
Average account balance$63,673
Benefits paid to participants$112,339
Plan auditUnmodified (clean) audit opinion
AuditorCHRIS BORDELON CPA
Plan history2
Yearassets · accounts · employer contribution
2024$5.7M · 90 accts
2023$4.8M · 128 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,781
Investment management$9,436
Total administrative$14,217
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.

Administrative cost history2
2024$14,217 · 0.27%
2023$10,089 · 0.24%
Similar plansConstruction · Pennsylvania
York Excavating Co LLC PA$6.6M · 0.93%
Dutchland Inc. PA$6.2M · 0.22%
Sdi Gas LLC PA$5.6M · 0.36%
Sage Senior Living, LLC PA$5.6M · 1.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521833450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.