Plan Ledger DOL Form 5500 · updated monthly

Gewalt-Hamilton Associates, Inc.401(k)

GEWALT-HAMILTON ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · VERNON HILLS, IL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Gewalt-Hamilton Associates, Inc. reported $105,874 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $3,511 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.

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 1,174th-largest of 3,702 plans among Illinois employers on file, and the 3,630th of 11,654 in professional & technical services. In 2024, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,567,111
Participants with balances145
Active participants125
Employer contributions$438,900
Employee contributions$1,177,900
Employer contribution per active participant$3,511
Average account balance$245,290
Benefits paid to participants$1,053,588
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,874
Total administrative$105,874
The Gewalt-Hamilton Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$3,511
Median for plans this size$2,416

Gewalt-Hamilton Associates, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$105,874
UNITED PLANNERS' FINANCIAL SERVICES · Investment advisory (plan)indirect comp

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

Administrative cost history1
2024$105,874 · 0.32%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 363426053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.