Plan Ledger DOL Form 5500 · updated monthly

Gp&C Operations LLC.401(k)

GP&C OPERATIONS LLC. 401K RETIREMENT PLAN · GARDNER, MA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Gp&C Operations LLC. reported $44,598 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,305 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 has held roughly steady near 0.449%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,839th of 2,726), and 8,470th of 13,661 in manufacturing. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,754,777
Participants with balances296
Active participants248
Employer contributions$323,597
Employee contributions$806,278
Employer contribution per active participant$1,305
Average account balance$36,334
Benefits paid to participants$979,509
Plan auditUnmodified (clean) audit opinion
AuditorCITRON COOPERMAN & COMPANY, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$10.8M · 296 accts · $324K emplr
2023$9.1M · 254 accts · $345K emplr
The Gp&C Operations LLC. 401(k) match · 2024
Employer contribution per active participant$1,305
Median for plans this size$1,313
2024$1,305 per active participant
2023$1,659 per active participant

Gp&C Operations LLC.'s 2024 employer contribution ran below 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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$29,133

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

Administrative cost history2
2024$44,598 · 0.45%
2023$37,492 · 0.45%
Same employer
Similar plansManufacturing · Massachusetts
Matouk Textile Works, Inc. MA$10.9M · 0.46%
Bomco, Inc. MA$10.8M · 0.32%
Oxford Biomedica Solutions MA$10.8M · 0.56%
Transom Post Opco, LLC MA$10.7M · 0.77%
Mercury Wire Products, Inc. MA$10.6M · 0.47%
Polycarbon Industries, Inc. MA$10.6M · 0.03%
Walpole Outdoors MA$10.6M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853723475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.