Plan Ledger DOL Form 5500 · updated monthly

Geokon, Inc.401(k)

GEOKON, INC. 401(K) PLAN · LEBANON, NH · plan year 2023

Reported admin expense ratio · 2023
0.19%

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

Geokon, Inc. reported $35,623 in plan administrative expenses for 2023: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,919 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 0.16% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 170th-largest of 411 plans among New Hampshire employers on file, and the 5,800th of 13,661 in manufacturing. In 2023, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,697,935
Participants with balances183
Active participants149
Employer contributions$435,000
Employee contributions$968,205
Employer contribution per active participant$2,919
Average account balance$113,103
Benefits paid to participants$621,487
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 183 accts · $444K emplr
2023$20.7M · 183 accts · $435K emplr
2022$16.6M · 179 accts · $414K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,669
Investment management$4,954
Total administrative$35,623
The Geokon, Inc. 401(k) match · 2023
Employer contribution per active participant$2,919
Median for plans this size$2,440
2024$2,962 per active participant
2023$2,919 per active participant
2022$2,858 per active participant

Geokon, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,669

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

Administrative cost history3
2024$38,128 · 0.19%
2023$35,623 · 0.19%
2022$29,959 · 0.16%
All plans at this employer2
GEOKON, INC. 401(K) PLAN401(k)
GEOKON EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansManufacturing · New Hampshire
Astenjohnson, Inc. NH$24.3M · 0.08%
Icad, Inc. NH$22.5M · 0.00%
Ksaria Corporation NH$20.6M · 0.12%
Integra Biosciences Corp NH$20.3M · 0.37%
Eptam Plastics LTD. NH$19.4M · 0.55%
Wilcox Industries Corp. NH$18.3M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020346421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.