Plan Ledger DOL Form 5500 · updated monthly

Gershman Investment Corp.401(k)

GERSHMAN INVESTMENT CORP. EMPLOYEES SAVINGS TRUST · CHESTERFIELD, MO · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Gershman Investment Corp. reported $142,367 in plan administrative expenses for 2022: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,860 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 0.43% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 446th-largest of 1,393 plans among Missouri employers on file, and the 2,360th of 4,798 in finance & insurance. In 2022, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,124,640
Participants with balances363
Active participants283
Employer contributions$809,351
Employee contributions$2,518,322
Employer contribution per active participant$2,860
Average account balance$85,743
Benefits paid to participants$1,932,233
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 269 accts · $451K emplr
2023$27.1M · 265 accts · $525K emplr
2022$31.1M · 363 accts · $809K emplr
Administrative expenses, itemized · 2022
Investment management$55,649
Professional / advisory$16,800
Total administrative$142,367
The Gershman Investment Corp. 401(k) match · 2022
Employer contribution per active participant$2,860
Median for plans this size$2,266
2024$1,954 per active participant
2023$2,417 per active participant
2022$2,860 per active participant

Gershman Investment Corp.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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Administrative cost history3
2024$131,335 · 0.47%
2023$126,986 · 0.44%
2022$142,367 · 0.43%
Same employer
Similar plansFinance & Insurance · Missouri
Midwest Bancorporation, Inc MO$35.3M · 0.27%
Plancorp, Inc. MO$31.6M · 0.03%
Citizens Bank & Trust MO$31.4M · 0.00%
Spring Venture Group, LLC MO$28.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430710608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.