Plan Ledger DOL Form 5500 · updated monthly

Gulf Winds International, Inc.401(k)

GULF WINDS INTERNATIONAL, INC. 401(K) PLAN · SEABROOK, TX · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Gulf Winds International, Inc. reported $72,270 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,667 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 0.54% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 2,669th-largest of 5,688 plans among Texas employers on file, and the 983rd of 2,677 in transportation & warehousing. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,933,285
Participants with balances249
Active participants202
Employer contributions$538,761
Employee contributions$871,110
Employer contribution per active participant$2,667
Average account balance$51,941
Benefits paid to participants$968,938
Plan auditUnmodified (clean) audit opinion
AuditorJAMES MILLER,CPA ,PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 249 accts · $539K emplr
2023$11.0M · 244 accts · $516K emplr
2022$10.6M · 242 accts · $508K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,270
Total administrative$72,270
The Gulf Winds International, Inc. 401(k) match · 2024
Employer contribution per active participant$2,667
Median for plans this size$2,416
2024$2,667 per active participant
2023$2,633 per active participant
2022$2,747 per active participant

Gulf Winds International, 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 · 20243
BOK FINANCIAL ASSET MANAGEMENT, INC · Investment advisory (plan)$17,711
NOVA 401(K) ASSOCIATES · Contract administrator$15,055

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$72,270 · 0.60%
2023$70,027 · 0.65%
2022$60,270 · 0.54%
Same employer
Similar plansTransportation & Warehousing · Texas
Central Freight Lines Inc. TX$14.4M · 0.36%
Perimeter International TX$13.3M · 0.04%
Iss-Marine Services, Inc. TX$12.7M · 0.33%
Lucid Energy Group 11 LLC TX$12.6M · 0.09%
Heli-One (U.S.) Inc. TX$11.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760497105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.