Plan Ledger DOL Form 5500 · updated monthly

Gulf View Private Investment Inc.401(k)

GULF VIEW PRIVATE INVESTMENT, INC. 401(K) PLAN · NAPLES, FL · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Gulf View Private Investment Inc. reported $55,575 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $426 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 has held roughly steady near 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,613th-largest of 3,644 plans among Florida employers on file, and 8,111th of 13,661 in manufacturing. In 2023, employees put in $5.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,739,080
Participants with balances146
Active participants197
Employer contributions$83,953
Employee contributions$455,322
Employer contribution per active participant$426
Average account balance$80,405
Benefits paid to participants$1,900,583
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$11.2M · 140 accts · $115K emplr
2023$11.7M · 146 accts · $84K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$55,575
Total administrative$55,575
The Gulf View Private Investment Inc. 401(k) match · 2023
Employer contribution per active participant$426
Median for plans this size$2,440
2024$614 per active participant
2023$426 per active participant

Gulf View Private Investment Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$55,575
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$55,582 · 0.48%
2023$55,575 · 0.49%
Similar plansManufacturing · Florida
Valley Forge Fabrics, Inc. FL$12.5M · 0.46%
Dayton-Granger Inc. FL$12.1M · 0.26%
Kipu Health LLC FL$11.3M · 0.74%
Certus Pest, Inc. FL$11.2M · 0.87%
Performance Designs, Inc. FL$11.2M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472396524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.