Plan Ledger DOL Form 5500 · updated monthly

Gfi Capital Resources Group, Inc.401(k)

GFI CAPITAL RESOURCES GROUP, INC. 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.67%

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

Gfi Capital Resources Group, Inc. reported $43,328 in plan administrative expenses for 2023: 0.67% of average plan assets, above the peer median. Employer contributions averaged $819 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 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (4,129th of 5,648), and 1,366th of 2,096 in real estate & leasing. In 2023, employees put in $10.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,670,964
Participants with balances134
Active participants71
Employer contributions$58,133
Employee contributions$595,194
Employer contribution per active participant$819
Average account balance$49,783
Benefits paid to participants$1,232,044
Plan auditUnmodified (clean) audit opinion
AuditorROTH & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 135 accts · $56K emplr
2023$6.7M · 134 accts · $58K emplr
2022$6.2M · 128 accts · $55K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,843
Investment management$24,479
Total administrative$43,328
The Gfi Capital Resources Group, Inc. 401(k) match · 2023
Employer contribution per active participant$819
Median for plans this size$1,308
2024$922 per active participant
2023$819 per active participant
2022$794 per active participant

Gfi Capital Resources Group, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20233
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$24,479
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,843
ROTH & COMPANY LLP · Consultingindirect comp

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$53,878 · 0.83%
2023$43,328 · 0.67%
2022$55,241 · 0.81%
Similar plansReal Estate & Leasing · New York
Urban Associates, LLC NY$7.1M · 0.53%
Pr Common LLC NY$6.8M · 0.11%
Omni New York LLC NY$6.7M · 0.66%
Taylor Creative Inc NY$6.7M · 0.18%
Lemle & Wolff, Inc. NY$6.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133697990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.