Plan Ledger DOL Form 5500 · updated monthly

Gulshan Enterprises Inc.401(k)

GULSHAN ENTERPRISES 401(K) PLAN (GULSHAN ENTERPRISES) · SUGARLAND, TX · plan year 2022

Reported admin expense ratio · 2022
1.01%

Gulshan Enterprises Inc. reported $62,786 in plan administrative expenses for 2022: 1.01% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (3,821st of 5,688), and the 797th of 2,240 in accommodation & food services. In 2022, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,993,774
Participants with balances749
Active participants0
Employer contributions$357,330
Employee contributions$1,050,180
Employer contribution per active participant—
Average account balance$8,002
Benefits paid to participants$780,819
Plan auditDisclaimer of opinion
AuditorALLEN, GIBBS & HOULIK, L.C.
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$6.0M · 749 accts · $357K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$62,786
Total administrative$62,786
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$62,786 · 1.01%
Similar plansAccommodation & Food Services · Texas
Whataburger of Alice TX$6.4M · 1.63%
Ybarra Investments, Inc. TX$6.3M · 1.41%
Casa Rio, Inc. TX$5.7M · 1.17%
Mtc Inc. TX$5.7M · 1.21%
Prism Hospitality LP TX$5.2M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760225213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.