Plan Ledger DOL Form 5500 · updated monthly

Geneva Supply, Inc.401(k)

GENEVA SUPPLY 401(K) PLAN · DELEVAN, WI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Geneva Supply, Inc. reported $5,694 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $787 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 0.07% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Wisconsin (1,736th of 1,936), and 3,861st of 4,246 in wholesale trade. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 220 to 364 since 2022.

Plan summary
Net assets, end of year$3,526,545
Participants with balances174
Active participants364
Employer contributions$286,306
Employee contributions$512,321
Employer contribution per active participant$787
Average account balance$20,268
Benefits paid to participants$187,218
Plan auditUnmodified (clean) audit opinion
AuditorCHORTEK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 174 accts · $286K emplr
2023$2.5M · 153 accts · $224K emplr
2022$1.3M · 127 accts · $189K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,194
Investment management$4,500
Total administrative$5,694
The Geneva Supply, Inc. 401(k) match · 2024
Employer contribution per active participant$787
Median for plans this size$1,313
2024$787 per active participant
2023$786 per active participant
2022$858 per active participant

Geneva Supply, Inc.'s 2024 employer contribution ran below 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,194

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,694 · 0.19%
2023$2,243 · 0.12%
2022$775 · 0.07%
Similar plansWholesale Trade · Wisconsin
V. Marchese, Inc. WI$4.5M · 0.86%
Albrecht Foods Inc WI$3.0M · 0.62%
Formrite Companies Inc WI$2.3M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270992155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.