Plan Ledger DOL Form 5500 · updated monthly

Gemini Group, Inc.401(k)

GEMINI GROUP EMPLOYEES' 401(K) SAVINGS PLAN · BAD AXE, MI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Gemini Group, Inc. reported $218,248 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $1,981 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 0.15% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 239th-largest of 2,619 plans among Michigan employers on file, and the 145th of 2,534 in administrative & support services. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$119,919,308
Participants with balances1,448
Active participants1,117
Employer contributions$2,213,147
Employee contributions$5,299,798
Employer contribution per active participant$1,981
Average account balance$82,817
Benefits paid to participants$13,053,858
Plan auditUnmodified (clean) audit opinion
AuditorHACKER, JOHNSON & SMITH PA
Plan history3
Yearassets · accounts · employer contribution
2024$119.9M · 1,448 accts · $2.2M emplr
2023$108.0M · 1,448 accts · $2.3M emplr
2022$90.5M · 1,308 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$218,248
Total administrative$218,248
The Gemini Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,981
Median for plans this size$3,635
2024$1,981 per active participant
2023$1,973 per active participant
2022$1,891 per active participant

Gemini Group, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241

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$218,248 · 0.19%
2023$206,329 · 0.21%
2022$152,639 · 0.15%
Similar plansAdministrative & Support Services · Michigan
Kelly Services, Inc MI$342.5M · 0.23%
Populus Group LLC MI$124.6M · 0.56%
Isolved MI$108.6M · 0.15%
Employment Services, Inc. MI$103.9M · 0.16%
America's Back Office, Inc. MI$80.2M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383329159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.