Plan Ledger DOL Form 5500 · updated monthly

Gemini, Incorporated401(k)

GEMINI, INCORPORATED PROFIT SHARING PLAN · CANNON FALLS, MN · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Gemini, Incorporated reported $176,593 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,378 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 fell from 0.23% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 268th-largest of 1,918 plans among Minnesota employers on file, and the 1,831st of 13,661 in manufacturing. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$105,826,650
Participants with balances1,082
Active participants833
Employer contributions$1,980,506
Employee contributions$4,238,952
Employer contribution per active participant$2,378
Average account balance$97,807
Benefits paid to participants$13,340,814
Plan auditUnmodified (clean) audit opinion
AuditorHARRINGTON LANGER & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$105.8M · 1,082 accts · $2.0M emplr
2023$101.3M · 1,081 accts · $2.1M emplr
2022$84.5M · 1,015 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,590
Investment management$47,003
Total administrative$176,593
The Gemini, Incorporated 401(k) match · 2024
Employer contribution per active participant$2,378
Median for plans this size$3,635
2024$2,378 per active participant
2023$2,438 per active participant
2022$3,487 per active participant

Gemini, Incorporated's 2024 employer contribution ran below the $3,635 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 · 20245
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Participant communication$129,990
PERCEPTIVE EDGE INVESTMENT MGMT INC · Consulting$30,000
CLAY ALVESHERE, CPA · Accounting / audit$9,603
HARRINGTON LANGER ASSOCIATES · Accounting / audit$7,000
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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Administrative cost history3
2024$176,593 · 0.17%
2023$189,057 · 0.20%
2022$184,509 · 0.23%
Same employer
Similar plansManufacturing · Minnesota
Proto Labs, Inc. MN$110.0M · 0.16%
Wenger Corporation MN$108.4M · 0.09%
The Wells Companies MN$108.0M · 0.08%
Ergotron, Inc. MN$106.9M · 0.21%
The Walman Optical Company MN$105.2M · 0.25%
Team Industries, Inc. MN$102.3M · 0.21%
Uponor North America, Inc. MN$100.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410854683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.