Plan Ledger DOL Form 5500 · updated monthly

Green Courte Residential Holdings,401(k)

GCP IV MANAGEMENT, LLC 401(K) PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Green Courte Residential Holdings, reported $47,310 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $407 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 0.67% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Florida (2,267th of 3,644), and 1,391st of 2,096 in real estate & leasing. In 2024, employees put in $3.39 for every $1.00 the employer contributed; active participation has grown from 515 to 719 since 2022.

Plan summary
Net assets, end of year$6,317,561
Participants with balances197
Active participants719
Employer contributions$292,447
Employee contributions$992,526
Employer contribution per active participant$407
Average account balance$32,069
Benefits paid to participants$507,520
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 197 accts · $292K emplr
2023$4.6M · 149 accts · $230K emplr
2022$3.6M · 177 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,210
Total administrative$47,310
The Green Courte Residential Holdings, 401(k) match · 2024
Employer contribution per active participant$407
Median for plans this size$1,313
2024$407 per active participant
2023$387 per active participant
2022$404 per active participant

Green Courte Residential Holdings,'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 · 20242
GALLAGHER BENEFIT SERVICES INCindirect comp

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$47,310 · 0.87%
2023$42,825 · 1.05%
2022$23,971 · 0.67%
Same employer
Similar plansReal Estate & Leasing · Florida
Seacrest Services, Inc. FL$6.4M · 1.03%
Agpm, LLC FL$5.3M · 1.13%
Holland Pump Company FL$5.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824320312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.