Plan Ledger DOL Form 5500 · updated monthly

Gielow Pickles, Inc.401(k)

GIELOW PICKLES, INC. EMPLOYEES SAVINGS TRUST · CROSWELL, MI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Gielow Pickles, Inc. reported $6,227 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $605 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 rose from 0.10% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,060th of 2,619), and 11,450th of 13,661 in manufacturing. In 2024, employees put in $2.70 for every $1.00 the employer contributed; active participation has grown from 223 to 261 since 2022.

Plan summary
Net assets, end of year$4,545,388
Participants with balances112
Active participants261
Employer contributions$157,817
Employee contributions$426,681
Employer contribution per active participant$605
Average account balance$40,584
Benefits paid to participants$296,122
Plan auditUnmodified (clean) audit opinion
AuditorFROHM KELLEY BUTLER & RYAN PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 112 accts · $158K emplr
2023$3.8M · 130 accts · $146K emplr
2022$3.1M · 131 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,227
Total administrative$6,227
The Gielow Pickles, Inc. 401(k) match · 2024
Employer contribution per active participant$605
Median for plans this size$1,313
2024$605 per active participant
2023$699 per active participant
2022$643 per active participant

Gielow Pickles, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$6,227

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$6,227 · 0.15%
2023$4,400 · 0.13%
2022$3,284 · 0.10%
Same employer
Similar plansManufacturing · Michigan
Nuvar, Inc. MI$4.6M · 0.03%
W International Sc, LLC MI$4.3M · 1.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381910392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.