Plan Ledger DOL Form 5500 · updated monthly

Gpm Investments, LLC401(k)

GPM INVESTMENTS 401(K) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Gpm Investments, LLC reported $212,101 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $107 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 0.46% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 598th-largest of 2,266 plans among Virginia employers on file, and the 809th of 5,215 in retail trade. In 2024, employees put in $3.53 for every $1.00 the employer contributed; active participation has shrunk from 21,099 to 13,134 since 2022.

Plan summary
Net assets, end of year$39,177,425
Participants with balances1,345
Active participants13,134
Employer contributions$1,399,240
Employee contributions$4,932,947
Employer contribution per active participant$107
Average account balance$29,128
Benefits paid to participants$4,783,705
Plan auditUnmodified (clean) audit opinion
AuditorBROWN, EDWARDS AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$39.2M · 1,345 accts · $1.4M emplr
2023$32.3M · 1,325 accts · $1.4M emplr
2022$23.9M · 1,102 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$212,101
Total administrative$212,101
The Gpm Investments, LLC 401(k) match · 2024
Employer contribution per active participant$107
Median for plans this size$2,416
2024$107 per active participant
2023$65 per active participant
2022$56 per active participant

Gpm Investments, LLC'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$212,101

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$212,101 · 0.59%
2023$120,441 · 0.43%
2022$103,408 · 0.46%
Same employer
Similar plansRetail Trade · Virginia
Priority Automotive Group VA$42.2M · 0.51%
Ourisman Fairfax Toyota VA$42.2M · 0.46%
Ukrop's Super Markets, Inc. VA$39.9M · 0.10%
Tsrc, Inc. VA$39.3M · 0.45%
Virginia Truck Center, Inc. VA$38.4M · 0.55%
Ted Britt Ford Sales, Inc. VA$29.8M · 0.38%
Haley Buick Gmc Truck, Inc VA$28.4M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550807113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.