Plan Ledger DOL Form 5500 · updated monthly

Gemini Tech Services, LLC401(k)

THE CONTRACTORS RETIREMENT PLAN · WILLOW PARK, TX · plan year 2024

Employer contribution per participant · 2024
$4,300

Gemini Tech Services, LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $5,759,822 across 518 participant accounts, with employer contributions averaging $4,300 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.40%. 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 Texas (3,870th of 5,688), and 3,833rd of 5,337 in construction. In 2024, the employer put in $38.79 for every $1.00 employees contributed themselves; active participation has shrunk from 505 to 440 since 2022.

Plan summary
Net assets, end of year$5,759,822
Participants with balances518
Active participants440
Employer contributions$1,892,124
Employee contributions$48,779
Employer contribution per active participant$4,300
Average account balance$11,119
Benefits paid to participants$1,490,640
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 518 accts · $1.9M emplr
2023$4.8M · 441 accts · $1.7M emplr
2022$3.4M · 425 accts · $1.2M emplr
The Gemini Tech Services, LLC 401(k) match · 2024
Employer contribution per active participant$4,300
Median for plans this size$1,313
2024$4,300 per active participant
2023$4,934 per active participant
2022$2,433 per active participant

Gemini Tech Services, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Administrative cost history3
2024Not separately reported
2023$16,500 · 0.40%
2022$14,000 · 0.39%
Same employer
Similar plansConstruction · Texas
Able Industrial, LLC TX$6.0M · 0.46%
Lane Supply, Inc. TX$5.8M · 0.24%
Bcck Holding Company TX$5.7M · 0.04%
Irwin Steel, LLC TX$5.7M · 0.23%
Labcon, Inc. TX$5.6M

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 205657140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.