Plan Ledger DOL Form 5500 · updated monthly

Gemini Industries Inc.401(k)

GEMINI INDUSTRIES INC PROFIT SHARING PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Gemini Industries Inc. reported $12,227 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,340 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 0.05% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,253rd-largest of 2,726 plans among Massachusetts employers on file, and the 5,342nd of 11,654 in professional & technical services. In 2024, employees put in $3.23 for every $1.00 the employer contributed; active participation has grown from 190 to 220 since 2022.

Plan summary
Net assets, end of year$21,160,322
Participants with balances218
Active participants220
Employer contributions$514,842
Employee contributions$1,661,136
Employer contribution per active participant$2,340
Average account balance$97,066
Benefits paid to participants$3,441,198
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 218 accts · $515K emplr
2023$18.2M · 220 accts · $461K emplr
2022$13.6M · 205 accts · $378K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,775
Investment management$10,452
Total administrative$12,227
The Gemini Industries Inc. 401(k) match · 2024
Employer contribution per active participant$2,340
Median for plans this size$2,416
2024$2,340 per active participant
2023$2,338 per active participant
2022$1,988 per active participant

Gemini Industries Inc.'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,452
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,775

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$12,227 · 0.06%
2023$10,462 · 0.07%
2022$7,000 · 0.05%
All plans at this employer2
GEMINI INDUSTRIES INC PROFIT SHARING PLAN401(k)
GEMINI STOCK PROGRAMESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 042917465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.