Plan Ledger DOL Form 5500 · updated monthly

Geoforce, Inc.401(k)

GEOFORCE, INC. 401(K) PLAN · PLANO, TX · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Geoforce, Inc. reported $2,304 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,170 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 0.06% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (4,138th of 5,688), and 1,910th of 2,199 in information & media. In 2023, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,720,571
Participants with balances91
Active participants62
Employer contributions$258,526
Employee contributions$492,351
Employer contribution per active participant$4,170
Average account balance$51,874
Benefits paid to participants$1,207,552
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.7M · 91 accts · $259K emplr
2022$4.2M · 101 accts · $355K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,304
Total administrative$2,304
The Geoforce, Inc. 401(k) match · 2023
Employer contribution per active participant$4,170
Median for plans this size$1,308
2023$4,170 per active participant
2022$3,863 per active participant

Geoforce, Inc.'s 2023 employer contribution ran above the $1,308 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.

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 · 20231
ASCENSUS LLC · Loan processing · Recordkeeping$2,304

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$2,304 · 0.05%
2022$2,968 · 0.06%
Similar plansInformation & Media · Texas
Connectivity Source, LLC TX$5.1M · 2.12%
Monetate, Inc. TX$5.0M · 0.06%
Education Advanced, Inc. TX$4.4M · 0.12%
Texas Tribune, Inc TX$4.3M · 0.21%
Aspireiq, Inc TX$3.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208211736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.