Plan Ledger DOL Form 5500 · updated monthly

Gqg Partners LLC401(k)

GQG PARTNERS LLC RETIREMENT PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Gqg Partners LLC reported $1,740 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,986 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 fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,066th-largest of 3,644 plans among Florida employers on file, and 2,938th of 4,798 in finance & insurance. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 131 to 191 since 2022.

Plan summary
Net assets, end of year$21,543,855
Participants with balances215
Active participants191
Employer contributions$1,907,281
Employee contributions$2,960,010
Employer contribution per active participant$9,986
Average account balance$100,204
Benefits paid to participants$853,140
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 215 accts · $1.9M emplr
2023$14.2M · 182 accts · $1.6M emplr
2022$8.7M · 153 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,740
Total administrative$1,740
The Gqg Partners LLC 401(k) match · 2024
Employer contribution per active participant$9,986
Median for plans this size$2,416
2024$9,986 per active participant
2023$10,003 per active participant
2022$10,457 per active participant

Gqg Partners LLC'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$1,740

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
2023ADP

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

Administrative cost history3
2024$1,740 · 0.01%
2023$1,505 · 0.01%
2022$1,365 · 0.02%
Same employer
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First Florida Credit Union FL$22.8M · 0.25%
Amscot Financial, Inc. FL$22.7M · 0.14%
Kobie Marketing, Inc. FL$21.7M · 0.67%
United Southern Bank FL$21.2M · 0.02%
777 Partners LLC FL$21.1M · 1.17%
Launch Credit Union FL$20.9M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812109181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.