Plan Ledger DOL Form 5500 · updated monthly

Gpmf Holdings Inc401(k)

GPMF HOLDINGS 401K · HOLYOKE, MA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Gpmf Holdings Inc reported $27,807 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,219 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 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,781st of 2,726), and 7,554th of 11,654 in professional & technical services. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 112 to 129 since 2022.

Plan summary
Net assets, end of year$11,454,941
Participants with balances183
Active participants129
Employer contributions$544,271
Employee contributions$1,166,037
Employer contribution per active participant$4,219
Average account balance$62,595
Benefits paid to participants$1,390,599
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 183 accts · $544K emplr
2023$9.0M · 176 accts · $396K emplr
2022$7.2M · 153 accts · $387K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,518
Investment management$22,289
Total administrative$27,807
The Gpmf Holdings Inc 401(k) match · 2024
Employer contribution per active participant$4,219
Median for plans this size$2,416
2024$4,219 per active participant
2023$2,997 per active participant
2022$3,452 per active participant

Gpmf Holdings Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$22,289
ADP, INC. · Loan processing · Recordkeeping$5,518
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$27,807 · 0.27%
2023$19,457 · 0.24%
2022$20,992 · 0.26%
Same employer
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Demand Science Group MA$11.6M · 0.38%
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Tsd Rental, LLC MA$11.5M · 0.34%
Bicycle Therapeutics Inc MA$11.4M · 0.19%
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Robert W. Sullivan, Inc. MA$11.3M · 0.16%
Vicarious Surgical Inc. MA$11.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823283600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.