Plan Ledger DOL Form 5500 · updated monthly

Gis National, LLC401(k)

GIS NATIONAL, LLC 401(K) PLAN AND TRUST · ST. PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Gis National, LLC reported $86,498 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,581 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 0.64% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,614th-largest of 3,644 plans among Florida employers on file, and 3,814th of 4,798 in finance & insurance. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 155 to 295 since 2022.

Plan summary
Net assets, end of year$11,733,153
Participants with balances333
Active participants295
Employer contributions$761,380
Employee contributions$1,609,739
Employer contribution per active participant$2,581
Average account balance$35,235
Benefits paid to participants$380,680
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 333 accts · $761K emplr
2023$8.2M · 337 accts · $705K emplr
2022$5.0M · 234 accts · $443K emplr
The Gis National, LLC 401(k) match · 2024
Employer contribution per active participant$2,581
Median for plans this size$1,313
2024$2,581 per active participant
2023$2,949 per active participant
2022$2,856 per active participant

Gis National, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20244
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$21,522
EMPOWER ADVISOR GROUP · Investment management$13,954
CARNOW AND ASSOCIATES, LTD. · Contract administrator$5,150

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$86,498 · 0.87%
2023$37,911 · 0.57%
2022$30,678 · 0.64%
Same employer
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Brightstar Credit Union FL$12.3M · 0.38%
Sentrics, Inc. FL$11.3M · 0.58%
Insigneo Securities, LLC FL$11.3M · 0.34%
First Bank of Clewiston FL$11.2M · 0.28%
Agamerica Lending LLC FL$10.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462499839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.