Plan Ledger DOL Form 5500 · updated monthly

Gsc Enterprises, Inc401(k)

GSC ENTERPRISES, INC 401(K) PLAN · SULPHUR SPRINGS, TX · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Gsc Enterprises, Inc reported $216,657 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,188 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 0.42%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 987th-largest of 5,688 plans among Texas employers on file, and the 735th of 4,246 in wholesale trade. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$55,102,985
Participants with balances708
Active participants697
Employer contributions$827,811
Employee contributions$1,968,293
Employer contribution per active participant$1,188
Average account balance$77,829
Benefits paid to participants$4,127,463
Plan auditUnmodified (clean) audit opinion
AuditorJ BARRY KEVIL CPA
Plan history3
Yearassets · accounts · employer contribution
2024$55.1M · 708 accts · $828K emplr
2023$49.2M · 749 accts · $862K emplr
2022$42.6M · 746 accts · $875K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,965
Investment management$144,692
Total administrative$216,657
The Gsc Enterprises, Inc 401(k) match · 2024
Employer contribution per active participant$1,188
Median for plans this size$3,635
2024$1,188 per active participant
2023$1,192 per active participant
2022$1,190 per active participant

Gsc Enterprises, Inc's 2024 employer contribution ran below the $3,635 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
ASCENSUS LLC · Loan processing · Recordkeeping$71,965
RAYMOND JAMES FINANCIAL · Investment advisory (plan)$113,680
MESIROW · Investment advisory (plan)$26,276

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$216,657 · 0.42%
2023$186,687 · 0.41%
2022$199,300 · 0.40%
Same employer
Similar plansWholesale Trade · Texas
Tacenergy, LLC TX$60.2M · 0.29%
Womack Group, LLC TX$59.2M · 0.29%
Yeti Holdings, Inc. TX$58.4M · 0.27%
Purvis Industries, LLC TX$55.5M · 0.21%
Refined Technologies, Inc. TX$53.9M · 0.26%
Tauber Oil Company TX$52.5M · 0.05%
Continental Battery Company TX$51.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751413801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.