Plan Ledger DOL Form 5500 · updated monthly

General Distributing Company401(k)

GENERAL DISTRIBUTING COMPANY 401(K) PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2025

Reported admin expense ratio · 2025
0.38%

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

General Distributing Company reported $56,386 in plan administrative expenses for 2025: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,439 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 4 years on file its reported administrative ratio has held roughly steady near 0.379%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 352nd-largest of 848 plans among Utah employers on file, and the 863rd of 2,677 in transportation & warehousing. In 2025, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 175 to 251 since 2022.

Plan summary
Net assets, end of year$16,231,094
Participants with balances272
Active participants251
Employer contributions$361,104
Employee contributions$846,918
Employer contribution per active participant$1,439
Average account balance$59,673
Benefits paid to participants$683,345
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$16.2M · 272 accts · $361K emplr
2024$13.5M · 245 accts · $297K emplr
2023$12.6M · 204 accts · $255K emplr
2022$10.1M · 173 accts · $251K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$56,386
Total administrative$56,386
The General Distributing Company 401(k) match · 2025
Employer contribution per active participant$1,439
Median for plans this size$2,666
2025$1,439 per active participant
2024$1,286 per active participant
2023$1,335 per active participant
2022$1,436 per active participant

General Distributing Company's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
NATIONAL BENEFIT SERVICES · Contract administrator$11,757
WORLD INVESTMENT ADVISORS LLC$2,838
EMPOWER ADVISORY GROUP, LLC · Investment management$1,398
TRANSITIONAL BROKER LLCindirect comp

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

Administrative cost history4
2025$56,386 · 0.38%
2024$50,719 · 0.39%
2023$46,752 · 0.41%
2022$40,881 · 0.38%
Same employer
Similar plansTransportation & Warehousing · Utah
Breeze Aviation Group, Inc UT$40.7M · 0.44%
Barney Trucking, Inc. UT$18.3M · 0.63%
Maxway Trucking, Inc. UT$13.1M · 0.73%
Pride Transport, Inc. UT$9.0M · 0.97%
Alpine Aviation, Inc. UT$8.1M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 870275548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.