Plan Ledger DOL Form 5500 · updated monthly

Gsg Consultants, Inc.401(k)

GSG CONSULTANTS, INC. 401(K) PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Gsg Consultants, Inc. reported $118,376 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,157 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 0.74%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,797th-largest of 3,702 plans among Illinois employers on file, and 5,921st of 11,654 in professional & technical services. In 2024, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,974,161
Participants with balances292
Active participants264
Employer contributions$569,577
Employee contributions$1,615,843
Employer contribution per active participant$2,157
Average account balance$61,555
Benefits paid to participants$795,708
Plan auditDisclaimer of opinion
AuditorDEMARCO, SCIACCOTTA, WILKENS & DUNL
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 292 accts · $570K emplr
2023$14.2M · 273 accts · $447K emplr
2022$10.9M · 248 accts · $422K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,995
Investment management$113,318
Total administrative$118,376
The Gsg Consultants, Inc. 401(k) match · 2024
Employer contribution per active participant$2,157
Median for plans this size$2,416
2024$2,157 per active participant
2023$1,651 per active participant
2022$1,750 per active participant

Gsg Consultants, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
FINANCIAL RENAISSANCE · Consulting · Pension consulting$113,318

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$118,376 · 0.74%
2023$89,183 · 0.71%
2022$80,319 · 0.71%
Same employer
Similar plansProfessional & Technical Services · Illinois
Shc Direct, LLC IL$18.3M · 0.06%
Servercentral LLC IL$18.2M · 0.05%
Yash Technologies, Inc. IL$18.0M · 0.07%
Hbr Consulting LLC IL$18.0M · 0.32%
Legal Aid Chicago IL$18.0M · 0.21%
Aria Group Architects, Inc. IL$17.9M · 0.39%
Silkroad Technology, Inc. IL$17.8M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363844476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.