Plan Ledger DOL Form 5500 · updated monthly

Gompers401(k)

SAFE-HARBOR 401(K) PROFIT SHARING PLAN FOR GOMPERS · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Gompers reported $2,080 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $300 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 3 years on file its reported administrative ratio has held roughly steady near 0.081%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arizona (989th of 1,285), and 9,387th of 11,911 in health care & social assistance. In 2023, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 223 to 436 since 2022.

Plan summary
Net assets, end of year$2,829,866
Participants with balances190
Active participants436
Employer contributions$130,677
Employee contributions$228,430
Employer contribution per active participant$300
Average account balance$14,894
Benefits paid to participants$235,937
Plan auditUnmodified (clean) audit opinion
AuditorMANSPERGER PATTERSON & MCMULLIN, PL
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 183 accts · $109K emplr
2023$2.8M · 190 accts · $131K emplr
2022$2.3M · 218 accts · $141K emplr
The Gompers 401(k) match · 2023
Employer contribution per active participant$300
Median for plans this size$1,308
2024$221 per active participant
2023$300 per active participant
2022$631 per active participant

Gompers's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,081

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$2,288 · 0.08%
2023$2,080 · 0.08%
2022$1,941 · 0.08%
Similar plansHealth Care & Social Assistance · Arizona
Twelfth One, LLC AZ$3.1M · 0.70%
Open Hearts AZ$2.8M · 0.09%
Beatitudes Campus AZ$2.3M · 1.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860098909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.