Plan Ledger DOL Form 5500 · updated monthly

Gleason Research Associates, Inc.401(k)

GLEASON RESEARCH ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Gleason Research Associates, Inc. reported $1,100 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,439 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 fell from 0.009% to 0.005%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 303rd-largest of 902 plans among Alabama employers on file, and the 5,409th of 11,654 in professional & technical services. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,816,746
Participants with balances199
Active participants118
Employer contributions$287,850
Employee contributions$604,337
Employer contribution per active participant$2,439
Average account balance$104,607
Benefits paid to participants$2,094,320
Plan auditUnmodified (clean) audit opinion
AuditorBMSS,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 199 accts · $288K emplr
2023$19.7M · 211 accts · $271K emplr
2022$16.7M · 196 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,100
Total administrative$1,100
The Gleason Research Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$2,439
Median for plans this size$2,416
2024$2,439 per active participant
2023$2,236 per active participant
2022$2,307 per active participant

Gleason Research Associates, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,100
WELLS FARGO CLEARING SERVICES LLCindirect comp

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$1,100 · 0.01%
2023$1,975 · 0.01%
2022$1,725 · 0.01%
All plans at this employer2
GLEASON RESEARCH ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN401(k)
GLEASON RESEARCH ASSOCIATES, INC. ESOPESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 521261002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.