Plan Ledger DOL Form 5500 · updated monthly

Gq Investments, LLC401(k)

FINE ART LAMPS 401(K) PLAN · HIALEAH, FL · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Gq Investments, LLC reported $42,987 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $387 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 0.76% to 0.85%. 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 Florida (2,426th of 3,644), and 11,031st of 13,661 in manufacturing. In 2024, employees put in $6.14 for every $1.00 the employer contributed; active participation has shrunk from 117 to 100 since 2022.

Plan summary
Net assets, end of year$5,340,580
Participants with balances92
Active participants100
Employer contributions$38,691
Employee contributions$237,492
Employer contribution per active participant$387
Average account balance$58,050
Benefits paid to participants$319,754
Plan auditUnmodified (clean) audit opinion
AuditorNOVOGRADAC & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 92 accts · $39K emplr
2023$4.8M · 102 accts · $40K emplr
2022$4.6M · 105 accts · $40K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,819
Investment management$20,168
Total administrative$42,987
The Gq Investments, LLC 401(k) match · 2024
Employer contribution per active participant$387
Median for plans this size$1,313
2024$387 per active participant
2023$332 per active participant
2022$344 per active participant

Gq Investments, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$436
UNITED CAPITAL FINANCIAL ADVISORS · Investment advisory (participants)$14,725
TRIAD HYBRID SOLUTIONS, LLC · Investment advisory (participants)$3,036

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$42,987 · 0.85%
2023$37,741 · 0.81%
2022$37,588 · 0.76%
Same employer
Similar plansManufacturing · Florida
Osgood Industries, LLC FL$5.4M · 0.07%
Caribbean Distillers, LLC FL$5.2M · 0.39%
Teakdecking Systems, Inc. FL$5.1M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371874192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.