Plan Ledger DOL Form 5500 · updated monthly

Gibbs Technology Company401(k)

GIBBS TECHNOLOGY COMPANY EMPLOYEES SAVINGS TRUST · MARYLAND HEIGHTS, MO · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Gibbs Technology Company reported $111,528 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $2,120 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 fell from 0.48% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 488th-largest of 1,393 plans among Missouri employers on file, and the 1,129th of 5,215 in retail trade. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 249 to 310 since 2022.

Plan summary
Net assets, end of year$27,011,998
Participants with balances287
Active participants310
Employer contributions$657,243
Employee contributions$1,396,146
Employer contribution per active participant$2,120
Average account balance$94,118
Benefits paid to participants$1,449,808
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS-KEEPERS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 287 accts · $657K emplr
2023$22.7M · 267 accts · $577K emplr
2022$18.5M · 252 accts · $555K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,256
Investment management$58,272
Total administrative$111,528
The Gibbs Technology Company 401(k) match · 2024
Employer contribution per active participant$2,120
Median for plans this size$2,416
2024$2,120 per active participant
2023$2,114 per active participant
2022$2,228 per active participant

Gibbs Technology Company's 2024 employer contribution ran below 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
JOHN HANCOCK · Recordkeeping · Loan processing$53,256
STIFEL, NICOLAUS & COMPANY, INC. · Investment advisory (plan)$58,272

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$111,528 · 0.45%
2023$96,034 · 0.47%
2022$97,870 · 0.48%
Same employer
Similar plansRetail Trade · Missouri
Etrailer Corporation MO$32.0M · 0.23%
Cable Dahmer Chevrolet Inc. MO$31.3M · 0.29%
Nu Way Concrete Forms, Inc. MO$28.9M · 0.38%
Color-Art Palette, Inc. MO$26.3M · 0.23%
Rpcs, Inc. MO$25.8M
Springfield Grocer Company MO$24.3M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 431850567 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.