Plan Ledger DOL Form 5500 · updated monthly

Gilson Graphics, Inc.401(k)

GILSON GRAPHICS RETIREMENT SAVINGS AND PROFIT-SHARING PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Gilson Graphics, Inc. reported $60,456 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $565 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 0.63% to 0.70%. 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 (1,601st of 2,619), and 9,184th of 13,661 in manufacturing. In 2024, employees put in $5.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,103,056
Participants with balances131
Active participants196
Employer contributions$110,752
Employee contributions$645,344
Employer contribution per active participant$565
Average account balance$69,489
Benefits paid to participants$911,484
Plan auditUnmodified (clean) audit opinion
AuditorGOODLANDER SWETT & RYBICKI
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 131 accts · $111K emplr
2023$8.3M · 134 accts · $113K emplr
2022$6.9M · 133 accts · $113K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,456
Total administrative$60,456
The Gilson Graphics, Inc. 401(k) match · 2024
Employer contribution per active participant$565
Median for plans this size$1,313
2024$565 per active participant
2023$599 per active participant
2022$607 per active participant

Gilson Graphics, 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
JOHN HANCOCK LIFE INS COMPANY · Recordkeeping$900

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$60,456 · 0.70%
2023$51,828 · 0.68%
2022$47,393 · 0.63%
Same employer
Similar plansManufacturing · Michigan
Complete Automation, Inc. MI$9.1M · 0.44%
Hascall Steel Company MI$9.1M · 0.28%
Triple, Inc. MI$9.1M · 0.56%
Omt-Veyhl USA Corporation MI$9.0M · 0.26%
Iljin USA Corporation MI$9.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381299908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.