Plan Ledger DOL Form 5500 · updated monthly

Gf Machining Solutions LLC401(k)

GF MACHINING SOLUTIONS RETIREMENT SAVINGS PLAN · LINCOLNSHIRE, IL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Gf Machining Solutions LLC reported $85,048 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $4,314 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 3 years on file its reported administrative ratio has held roughly steady near 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 796th-largest of 3,702 plans among Illinois employers on file, and the 685th of 4,246 in wholesale trade. In 2024, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$59,995,085
Participants with balances289
Active participants208
Employer contributions$897,346
Employee contributions$2,346,312
Employer contribution per active participant$4,314
Average account balance$207,595
Benefits paid to participants$6,133,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.0M · 289 accts · $897K emplr
2023$55.3M · 308 accts · $706K emplr
2022$51.5M · 296 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,715
Investment management$26,033
Audit (IQPA)$7,300
Total administrative$85,048
The Gf Machining Solutions LLC 401(k) match · 2024
Employer contribution per active participant$4,314
Median for plans this size$3,635
2024$4,314 per active participant
2023$3,041 per active participant
2022$4,359 per active participant

Gf Machining Solutions LLC's 2024 employer contribution ran above the $3,635 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$44,415
MULTNOMAH GROUP INC · Investment management$26,033
SIKICH CPA, LLC · Accounting / audit$14,600
CHARLES SCHWAB & CO., INC · Securities brokerage$418

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$85,048 · 0.15%
2023$85,055 · 0.16%
2022$80,588 · 0.14%
Same employer
Similar plansWholesale Trade · Illinois
Mat Holdings, Inc. IL$63.7M · 0.11%
Wilton Brands LLC IL$60.5M · 0.19%
Birkeys Farm Store Inc IL$56.8M · 0.29%
Horizon Hobby, LLC IL$56.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381574205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.