Plan Ledger DOL Form 5500 · updated monthly

Gulf Copper & Manufacturing Corp.401(k)

GULF COPPER & MANUFACTURING CORPORATION PROFIT SHARING PLAN AND TRUST · PORT ARTHUR, TX · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Gulf Copper & Manufacturing Corp. reported $64,564 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 rose from 0.53% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,764th-largest of 5,688 plans among Texas employers on file, and 7,989th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$12,160,413
Participants with balances413
Active participants376
Employer contributions$0
Employee contributions$1,498,614
Employer contribution per active participant$0
Average account balance$29,444
Benefits paid to participants$1,017,447
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 413 accts
2023$10.8M · 420 accts
2022$9.1M · 416 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,910
Investment management$34,654
Total administrative$64,564
The Gulf Copper & Manufacturing Corp. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Gulf Copper & Manufacturing Corp.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
JOHN HANCOCK · Recordkeeping · Loan processing$26,163
SANCTUARY ADVISORS, LLC · Investment advisory (plan)$29,567

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$64,564 · 0.56%
2023$54,115 · 0.55%
2022$46,969 · 0.53%
All plans at this employer2
GULF COPPER & MANUFACTURING CORPORATION PROFIT SHARING PLAN AND TRUST401(k)
GULF COPPER & MANUFACTURING CORP. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Texas
Metalforms, LTD TX$12.3M · 0.02%
Allied Power Group, LLC TX$12.3M · 0.41%
Ikg USA, LLC TX$12.2M · 0.48%
Solugen, Inc. TX$12.1M · 0.10%
Chemtrusion, Inc. TX$12.0M · 0.24%
WS97 Capital, Inc. TX$11.9M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 742045606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.