Plan Ledger DOL Form 5500 · updated monthly

Gt Sales & Manufacturing, Inc.401(k)

GT SALES AND MFG., INC. 401(K) PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Gt Sales & Manufacturing, Inc. reported $51,392 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $3,579 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 fell from 0.41% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 318th-largest of 828 plans among Kansas employers on file, and the 2,026th of 4,246 in wholesale trade. In 2024, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,506,925
Participants with balances195
Active participants159
Employer contributions$568,992
Employee contributions$655,679
Employer contribution per active participant$3,579
Average account balance$94,907
Benefits paid to participants$1,768,402
Plan auditUnmodified (clean) audit opinion
AuditorKOCH, SIEDHOFF, HAND & DUNN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 195 accts · $569K emplr
2023$16.6M · 198 accts · $540K emplr
2022$13.7M · 186 accts · $506K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,300
Investment management$23,124
Trustee / custodial$23,968
Total administrative$51,392
The Gt Sales & Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$3,579
Median for plans this size$2,416
2024$3,579 per active participant
2023$3,375 per active participant
2022$3,242 per active participant

Gt Sales & Manufacturing, Inc.'s 2024 employer contribution ran above 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
INTRUST BANK, N.A. · Recordkeeping · Trustee (discretionary)$51,392

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

Recordkeeper by year2
2024INTRUST BANK, N.A.
2023INTRUST BANK, N.A.

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Administrative cost history3
2024$51,392 · 0.29%
2023$49,162 · 0.33%
2022$62,646 · 0.41%
Same employer
Similar plansWholesale Trade · Kansas
Mvp Holdings, LLC KS$19.3M · 0.01%
Mercer-Zimmerman, Inc. KS$19.1M · 0.67%
Hampel Enterprises, Inc. KS$18.9M · 0.71%
Wsm Industries KS$18.0M · 0.26%
Wsm Industries KS$17.4M · 0.44%
C&C Sales, Inc. KS$16.6M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480636242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.