How much does Gkz, Inc. contribute to its ESOP?

In 2023, employer contributions to the Gkz, Inc. plan averaged $50,042 per active participant, above the $522 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Gkz, Inc. 401(k)?

The average participant account balance was -$374,027 for plan year 2023, based on 84 accounts.

Gkz, Inc.ESOP

Name: Gkz, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

EVERGREEN TRADING EMPLOYEE STOCK OWNERSHIP PLAN · NEW YORK, NY · plan year 2023

Employer contribution per participant · 2023

$50,042

Gkz, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held -$31,418,243 across 84 participant accounts, with employer contributions averaging $50,042 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other professional & technical services employers.

Plan summary
Net assets, end of year-$31,418,243
Participants with balances84
Active participants75
Employer contributions$3,753,129
Employee contributions—
Employer contribution per active participant$50,042
Average account balance-$374,027
Benefits paid to participants$102,356
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS MAZARS, LLP

Plan history2

Yearassets · accounts · employer contribution

2023$-31.4M · 84 accts · $3.8M emplr

2022$-66.0M · 115 accts · $3.8M emplr

Employer contributions to the Gkz, Inc. plan · 2023

Employer contribution per active participant$50,042

Median for plans this size$522

2023$50,042 per active participant

2022$51,876 per active participant

Gkz, Inc.'s 2023 employer contribution ran above the $522 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.

Administrative cost history2

2023Not separately reported

2022Not separately reported

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 262451950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.