Plan Ledger DOL Form 5500 · updated monthly

Gsl Conduit Food Company, Inc.401(k)

TEAM LAURINO 401(K) PLAN · VALLEY STREAM, NY · plan year 2024

Reported admin expense ratio · 2024
1.08%

Gsl Conduit Food Company, Inc. reported $36,255 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. 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 0.98% to 1.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (4,764th of 5,648), and the 1,097th of 2,240 in accommodation & food services. active participation has grown from 228 to 379 since 2022.

Plan summary
Net assets, end of year$3,589,446
Participants with balances116
Active participants379
Employer contributions—
Employee contributions$127,507
Employer contribution per active participant—
Average account balance$30,944
Benefits paid to participants$175,825
Plan auditUnmodified (clean) audit opinion
AuditorLAUFER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 116 accts
2023$3.1M · 118 accts
2022$2.7M · 123 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,255
Total administrative$36,255
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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,454

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$36,255 · 1.08%
2023$30,625 · 1.05%
2022$28,487 · 0.98%
Similar plansAccommodation & Food Services · New York
Nicotra Group, LLC NY$3.8M · 0.05%
Mfpjjrt Enterprises, Inc. NY$3.7M · 0.90%
Goldbely, Inc. NY$3.6M · 0.17%
Cipriani USA Inc NY$3.6M · 0.62%
Van Jan Cabarets, Inc. NY$3.6M · 0.28%
Apple Metro, Inc. NY$3.5M · 0.72%
Inns of Aurora, LLC NY$3.4M · 1.73%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 113274368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.