Plan Ledger DOL Form 5500 · updated monthly

Gibson Landscape Services, LLC401(k)

GIBSON LANDSCAPE SERVICES, LLC 401(K) PROFIT SHARING PLAN & TRUST · ALPHARETTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Gibson Landscape Services, LLC reported $8,981 in plan administrative expenses for 2022: 0.78% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,249 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Georgia (2,043rd of 2,160), and 2,206th of 2,534 in administrative & support services. In 2022, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$977,912
Participants with balances69
Active participants60
Employer contributions$74,929
Employee contributions$103,082
Employer contribution per active participant$1,249
Average account balance$14,173
Benefits paid to participants$304,939
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$8,981
Total administrative$8,981
The Gibson Landscape Services, LLC 401(k) match · 2022
Employer contribution per active participant$1,249
Median for plans this size$1,114

Gibson Landscape Services, LLC's 2022 employer contribution ran above the $1,114 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.

Administrative cost history1
2022$8,981 · 0.78%
Similar plansAdministrative & Support Services · Georgia
Lno, Inc. GA$1.5M · 1.02%
Strategic Alliances, Inc. GA$929K · 0.97%
Stl Management GA$911K · 0.04%
Prokatchers LLC GA$596K · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043659302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.