Plan Ledger DOL Form 5500 · updated monthly

Great Basin Institute401(k)

GREAT BASIN INSTITUTE RETIREMENT PLAN · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Great Basin Institute reported $14,130 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,629 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 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Nevada (315th of 437), and 2,525th of 3,341 in other services. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 120 to 140 since 2022.

Plan summary
Net assets, end of year$3,634,534
Participants with balances282
Active participants140
Employer contributions$227,998
Employee contributions$378,179
Employer contribution per active participant$1,629
Average account balance$12,888
Benefits paid to participants$180,559
Plan auditUnmodified (clean) audit opinion
AuditorALBRIGHT & ASSOCIATES, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 282 accts · $228K emplr
2023$2.8M · 236 accts · $191K emplr
2022$2.1M · 201 accts · $137K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,526
Investment management$12,604
Total administrative$14,130
The Great Basin Institute 401(k) match · 2024
Employer contribution per active participant$1,629
Median for plans this size$1,313
2024$1,629 per active participant
2023$1,500 per active participant
2022$1,139 per active participant

Great Basin Institute's 2024 employer contribution ran above the $1,313 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$1,526
CWM LLC · Investment advisory (plan)$12,604

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$14,130 · 0.44%
2023$10,558 · 0.43%
2022$9,273 · 0.43%
Same employer
Similar plansOther Services · Nevada
V Shred, LLC NV$5.9M · 0.17%
C. Martin Company, Inc. NV$5.3M · 0.90%
Officia Group Corporation NV$2.7M · 0.47%
Sgps Showrig Inc NV$1.7M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880431016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.