Plan Ledger DOL Form 5500 · updated monthly

Gordon Aluminum Industries, Inc.401(k)

GORDON ALUMINUM INDUSTRIES, INC. HOURLY SUPPLEMENTAL SAVINGS PLAN · SCHOFIELD, WI · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Gordon Aluminum Industries, Inc. reported $33,211 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,057 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 0.876%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Wisconsin (1,715th of 1,936), and 10,221st of 11,654 in professional & technical services. In 2024, the employer put in $1.52 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,872,625
Participants with balances228
Active participants122
Employer contributions$250,992
Employee contributions$165,059
Employer contribution per active participant$2,057
Average account balance$16,985
Benefits paid to participants$705,106
Plan auditUnmodified (clean) audit opinion
AuditorKERBERROSE
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 228 accts · $251K emplr
2023$3.7M · 154 accts · $220K emplr
2022$3.4M · 172 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,055
Investment management$10,156
Total administrative$33,211
The Gordon Aluminum Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,057
Median for plans this size$1,313
2024$2,057 per active participant
2023$2,447 per active participant
2022$2,253 per active participant

Gordon Aluminum Industries, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$33,211 · 0.88%
2023$33,381 · 0.94%
2022$33,234 · 0.88%
Same employer
Similar plansProfessional & Technical Services · Wisconsin
Inoc Inc. WI$5.6M · 0.03%
Animart, LLC WI$4.2M · 0.72%
Aia Corporation WI$3.8M · 0.71%
Marcus Investments, LLC WI$3.4M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381567449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.