Plan Ledger DOL Form 5500 · updated monthly

Gene by Gene, LTD.401(k)

GBG 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Gene by Gene, LTD. reported $11,007 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,675 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 3 years on file its reported administrative ratio has held roughly steady near 0.202%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,805th of 5,688), and 9,381st of 11,654 in professional & technical services. In 2024, employees put in $3.53 for every $1.00 the employer contributed; active participation has shrunk from 194 to 133 since 2022.

Plan summary
Net assets, end of year$6,042,389
Participants with balances154
Active participants133
Employer contributions$222,776
Employee contributions$785,394
Employer contribution per active participant$1,675
Average account balance$39,236
Benefits paid to participants$616,702
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 154 accts · $223K emplr
2023$4.8M · 163 accts · $65K emplr
2022$3.6M · 168 accts · $389K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,007
Total administrative$11,007
The Gene by Gene, LTD. 401(k) match · 2024
Employer contribution per active participant$1,675
Median for plans this size$1,313
2024$1,675 per active participant
2023$417 per active participant
2022$2,005 per active participant

Gene by Gene, LTD.'s 2024 employer contribution ran above the $1,313 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 · 20241
ONEDIGITAL INVESTMENT ADVISORSindirect comp

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$11,007 · 0.20%
2023$7,728 · 0.18%
2022$6,482 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Texas
Hro Resources TX$6.1M · 0.82%
Ordermygear LLC TX$6.0M · 0.55%
Convo Communications LLC TX$5.9M · 0.83%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760640295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.