Plan Ledger DOL Form 5500 · updated monthly

Gemini Bakery Equipment Company401(k)

GEMINI BAKERY EQUIPMENT COMPANY 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Gemini Bakery Equipment Company reported $46,772 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,019 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 0.28% to 0.32%. 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 among the smaller plans on file in Pennsylvania (1,858th of 3,651), and 7,110th of 13,661 in manufacturing. In 2024, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,952,181
Participants with balances130
Active participants124
Employer contributions$250,320
Employee contributions$782,318
Employer contribution per active participant$2,019
Average account balance$115,017
Benefits paid to participants$2,371,122
Plan auditUnmodified (clean) audit opinion
AuditorBRINKER SIMPSON & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 130 accts · $250K emplr
2023$13.9M · 132 accts · $203K emplr
2022$11.8M · 134 accts · $173K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,859
Investment management$34,913
Total administrative$46,772
The Gemini Bakery Equipment Company 401(k) match · 2024
Employer contribution per active participant$2,019
Median for plans this size$2,416
2024$2,019 per active participant
2023$1,653 per active participant
2022$1,339 per active participant

Gemini Bakery Equipment Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$28,303
EMPOWER ADVISORY GROUP, LLC · Investment management$6,610

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$46,772 · 0.32%
2023$38,632 · 0.30%
2022$37,843 · 0.28%
Same employer
Similar plansManufacturing · Pennsylvania
Stoelzle Glass USA, Inc. PA$15.0M · 0.39%
Immunocore LLC PA$15.0M · 0.03%
I. Rice & Co., Inc. PA$15.0M · 0.02%
Weaber, Inc. PA$14.8M · 0.61%
Sarris Candies, Inc. PA$14.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231878709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.