Plan Ledger DOL Form 5500 · updated monthly

Geographic Solutions, Inc.401(k)

GEOGRAPHIC SOLUTIONS, INC. 401(K) PLAN AND TRUST · PALM HARBOR, FL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Geographic Solutions, Inc. reported $3,761 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $665 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 5 years on file its reported administrative ratio fell from 0.05% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,036th-largest of 3,644 plans among Florida employers on file, and the 5,161st of 11,654 in professional & technical services. In 2024, employees put in $8.52 for every $1.00 the employer contributed; active participation has grown from 309 to 453 since 2019.

Plan summary
Net assets, end of year$22,273,844
Participants with balances343
Active participants453
Employer contributions$301,037
Employee contributions$2,565,741
Employer contribution per active participant$665
Average account balance$64,938
Benefits paid to participants$1,286,568
Plan auditUnmodified (clean) audit opinion
AuditorDSR CPA AND CONSULTANTS
Plan history4
Yearassets · accounts · employer contribution
2024$22.3M · 343 accts · $301K emplr
2023$17.6M · 311 accts · $280K emplr
2022$13.0M · 282 accts · $286K emplr
2019$8.1M · 209 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,761
Total administrative$3,761
The Geographic Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$665
Median for plans this size$2,416
2024$665 per active participant
2023$673 per active participant
2022$717 per active participant

Geographic Solutions, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$3,761

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

Administrative cost history4
2024$3,761 · 0.02%
2023$6,115 · 0.04%
2022$6,297 · 0.05%
2019$3,649 · 0.05%
Same employer
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Centralreach, LLC FL$23.4M · 0.47%
Bitdefender Inc FL$23.4M · 0.40%
Farah & Farah, P.A. FL$22.4M · 0.07%
Teamviewer US, Inc. FL$21.9M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593217769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.