Gloster Forest Products, LLC401(k)
GLOSTER FOREST PRODUCTS 401(K) PLAN · JACKSON, MS · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Gloster Forest Products, LLC reported $568 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $621 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.
The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Mississippi (360th of 367), and 13,552nd of 13,661 in manufacturing. In 2024, employees put in $2.72 for every $1.00 the employer contributed.
Gloster Forest Products, LLC's 2024 employer contribution ran above the $540 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 882467206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.