Plan Ledger DOL Form 5500 · updated monthly

Gotwals, Inc.401(k)

GOTWALS, INC. PROFIT SHARING PLAN · OLEY, PA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Gotwals, Inc. reported $128,419 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $896 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 0.50% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,435th-largest of 3,651 plans among Pennsylvania employers on file, and the 680th of 2,677 in transportation & warehousing. In 2024, employees put in $5.40 for every $1.00 the employer contributed; active participation has grown from 236 to 267 since 2022.

Plan summary
Net assets, end of year$22,474,026
Participants with balances328
Active participants267
Employer contributions$239,268
Employee contributions$1,291,093
Employer contribution per active participant$896
Average account balance$68,518
Benefits paid to participants$2,191,751
Plan auditDisclaimer of opinion
AuditorMARION & BLACK LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 328 accts · $239K emplr
2023$20.8M · 323 accts · $228K emplr
2022$17.9M · 320 accts · $233K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,747
Investment management$38,412
Audit (IQPA)$42,260
Total administrative$128,419
The Gotwals, Inc. 401(k) match · 2024
Employer contribution per active participant$896
Median for plans this size$2,416
2024$896 per active participant
2023$892 per active participant
2022$989 per active participant

Gotwals, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
MARION AND BLACK LLC · Accounting / audit$42,260
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$38,089
EMPOWER ADVISORY GROUP, LLC · Investment management$322

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$128,419 · 0.59%
2023$93,746 · 0.48%
2022$97,208 · 0.50%
Same employer
Similar plansTransportation & Warehousing · Pennsylvania
The Krapf Bus Companies PA$26.9M · 0.43%
Asendia USA, Inc. PA$25.6M · 0.59%
Pgt Trucking, Inc. PA$21.3M · 0.28%
Pls Logistics Services PA$20.1M · 0.56%
Bridgeway Connects, Inc. PA$19.5M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351121074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.