Plan Ledger DOL Form 5500 · updated monthly

Gtt Americas, LLC401(k)

GTT AMERICAS 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Gtt Americas, LLC reported $225,582 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,974 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 0.40% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 357th-largest of 2,266 plans among Virginia employers on file, and the 1,911th of 11,654 in professional & technical services. In 2024, employees put in $3.21 for every $1.00 the employer contributed; active participation has grown from 582 to 647 since 2022.

Plan summary
Net assets, end of year$76,165,439
Participants with balances915
Active participants647
Employer contributions$1,924,081
Employee contributions$6,183,766
Employer contribution per active participant$2,974
Average account balance$83,241
Benefits paid to participants$8,825,873
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.2M · 915 accts · $1.9M emplr
2023$67.1M · 1,091 accts · $1.7M emplr
2022$57.7M · 937 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,511
Investment management$106,071
Total administrative$225,582
The Gtt Americas, LLC 401(k) match · 2024
Employer contribution per active participant$2,974
Median for plans this size$3,635
2024$2,974 per active participant
2023$2,975 per active participant
2022$3,029 per active participant

Gtt Americas, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$106,071

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$225,582 · 0.31%
2023$204,367 · 0.33%
2022$257,029 · 0.40%
Similar plansProfessional & Technical Services · Virginia
In-Q-Tel, Inc. VA$76.9M · 0.00%
Moseley Architects, P.C. VA$76.5M · 0.24%
Agile Defense LLC VA$75.7M · 0.22%
Ntrepid, LLC VA$73.0M · 0.09%
Unison Software, Inc. VA$72.9M · 0.17%
Group W Inc. VA$71.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541913747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.