Plan Ledger DOL Form 5500 · updated monthly

Gpac, LLCProfit-sharing plan

GPAC, LLC 401(K) PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Gpac, LLC reported $23,254 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,935 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 0.04% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 80th-largest of 233 plans among South Dakota employers on file, and the 564th of 2,534 in administrative & support services. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,271,465
Participants with balances311
Active participants288
Employer contributions$1,133,225
Employee contributions$1,979,917
Employer contribution per active participant$3,935
Average account balance$71,612
Benefits paid to participants$1,651,199
Plan auditUnmodified (clean) audit opinion
AuditorHENJES CONNER AND WILLIAMS PC
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 311 accts · $1.1M emplr
2023$18.4M · 345 accts · $1.2M emplr
2022$12.8M · 278 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Investment management$18,886
Trustee / custodial$4,368
Total administrative$23,254
Employer contributions to the Gpac, LLC plan · 2024
Employer contribution per active participant$3,935
Median for plans this size$2,416
2024$3,935 per active participant
2023$3,505 per active participant
2022$3,365 per active participant

Gpac, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
SECURITY NATIONAL BANK · Trustee · Investment management$18,886
CHARLES SCHWAB TRUST BANK · Custodial (securities)$4,368
CHARLES SCHWAB & CO INC · Custodial (securities)indirect comp

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$23,254 · 0.11%
2023$7,018 · 0.04%
2022$5,724 · 0.04%
Similar plansAdministrative & Support Services · South Dakota
Avera Health Plans, Inc. SD$24.3M · 0.08%
Barton & Associates Inc. MA$22.4M · 0.59%
The Degol Organization LP PA$22.3M · 0.29%
Cwpm, LLC CT$22.3M · 0.40%
Allegiance Fundraising LLC ND$22.3M · 0.11%
Cotton Holdings, Inc. TX$22.1M · 0.59%
McP Services, Inc. CA$22.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460412636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.