Plan Ledger DOL Form 5500 · updated monthly

Gsc-Ila Defined Contribution PlanMoney purchase plan

GSC-ILA DEFINED CONTRIBUTION PLAN · MOSS POINT, MS · plan year 2024

Reported admin expense ratio · 2024
1.93%

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

Gsc-Ila Defined Contribution Plan reported $41,374 in plan administrative expenses for 2024: 1.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,487 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Mississippi (302nd of 367), and 4,630th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$2,443,533
Participants with balances200
Active participants200
Employer contributions$497,430
Employee contributions—
Employer contribution per active participant$2,487
Average account balance$12,218
Benefits paid to participants$36,516
Plan auditUnmodified (clean) audit opinion
AuditorTHE KBA GROUP PC
Administrative expenses, itemized · 2024
Investment management$19,097
Total administrative$41,374
Employer contributions to the Gsc-Ila Defined Contribution Plan plan · 2024
Employer contribution per active participant$2,487
Median for plans this size$1,313

Gsc-Ila Defined Contribution Plan's 2024 employer contribution ran above the $1,313 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 · 20242
ROBEIN, URANN, SPENCER, PICARD · Legal$13,151
RAYMOND JAMES · Investment advisory (plan)$10,000

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

Administrative cost history1
2024$41,374 · 1.93%
Similar plansFinance & Insurance · Mississippi
Chartre Services, LLC MS$4.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 923436348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.