Plan Ledger DOL Form 5500 · updated monthly

General Computer Resources, Inc.401(k)

GCR PROFESSIONAL SERVICES 401(K) PLAN · BURLINGTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

General Computer Resources, Inc. reported $12 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio fell from 0.13% to 0.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Massachusetts (2,473rd of 2,726), and 1,728th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$3,188,848
Participants with balances93
Active participants67
Employer contributions$0
Employee contributions$444,320
Employer contribution per active participant$0
Average account balance$34,289
Benefits paid to participants$570,201
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN J. SCAFIDI, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$3.2M · 93 accts
2022$2.9M · 149 accts · $7K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12
Total administrative$12
The General Computer Resources, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

General Computer Resources, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THIRD PARTY ADMINISTRATORS, INC. · Contract administrator$4,034

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

Administrative cost history2
2023$12 · 0.00%
2022$4,304 · 0.13%
Similar plansAdministrative & Support Services · Massachusetts
Northeast Security, Inc. MA$3.3M · 1.26%
Bicycle Health Inc. MA$2.7M · 0.48%
Leahy Landscaping, Inc. MA$2.6M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042706748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.