Plan Ledger DOL Form 5500 · updated monthly

Gmrg Acq 1, LLC401(k)

GMRG 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Gmrg Acq 1, LLC reported $24,250 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $234 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 0.34% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Kansas (699th of 828), and the 1,067th of 2,240 in accommodation & food services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has shrunk from 783 to 663 since 2022.

Plan summary
Net assets, end of year$3,710,113
Participants with balances108
Active participants663
Employer contributions$155,000
Employee contributions$275,796
Employer contribution per active participant$234
Average account balance$34,353
Benefits paid to participants$621,322
Plan auditUnmodified (clean) audit opinion
AuditorSSC CPAS PA
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 108 accts · $155K emplr
2023$3.5M · 113 accts · $129K emplr
2022$3.4M · 108 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,524
Investment management$726
Total administrative$24,250
The Gmrg Acq 1, LLC 401(k) match · 2024
Employer contribution per active participant$234
Median for plans this size$1,313
2024$234 per active participant
2023$194 per active participant
2022$217 per active participant

Gmrg Acq 1, LLC'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 · 20246
NATIONWIDE · Contract administrator · Loan processing$11,059
APS - PENTEGRA · Plan administrator · Participant communication$9,076
PENTEGRA SERVICES INC · Plan administrator · Participant communication$1,816
PROACCOUNT · Investment advisory (plan)$1,574
IRON-CO-FID · Other services$726
MORGAN STANLEY SMITH BARNEY LL · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,250 · 0.67%
2023$31,432 · 0.92%
2022$12,535 · 0.34%
Same employer
Similar plansAccommodation & Food Services · Kansas
Rhw Management, Inc KS$8.2M · 0.62%
Ruffin Holdings, Inc. KS$6.4M · 0.01%
Lane Enterprises, Inc. KS$5.2M · 0.77%
Pb&J Restaurants, Inc. KS$3.9M · 0.98%
Dobski & Associates, Inc. KS$2.2M · 0.83%
Kuehl Enterprises, LLC KS$2.1M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822381178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.