Plan Ledger DOL Form 5500 · updated monthly

Gumby's, LLC401(k)

GUMBY'S, LLC 401(K) PROFIT SHARING PLAN · WHEELING, WV · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Gumby's, LLC reported $32,946 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $2,610 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 3 years on file its reported administrative ratio has held roughly steady near 0.355%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in West Virginia (145th of 265), and 3,013th of 4,246 in wholesale trade. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves; active participation has grown from 124 to 143 since 2022.

Plan summary
Net assets, end of year$9,321,961
Participants with balances196
Active participants143
Employer contributions$373,229
Employee contributions$292,530
Employer contribution per active participant$2,610
Average account balance$47,561
Benefits paid to participants$1,573,934
Plan auditUnmodified (clean) audit opinion
AuditorLOUIS PLUNG AND COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 196 accts · $373K emplr
2023$9.3M · 187 accts · $371K emplr
2022$7.5M · 221 accts · $355K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,946
Total administrative$32,946
The Gumby's, LLC 401(k) match · 2024
Employer contribution per active participant$2,610
Median for plans this size$1,313
2024$2,610 per active participant
2023$2,832 per active participant
2022$2,861 per active participant

Gumby's, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Custodial (securities)$32,946

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,946 · 0.35%
2023$32,303 · 0.39%
2022$27,852 · 0.35%
Similar plansWholesale Trade · West Virginia
Gabriel Brothers, Inc. WV$31.0M · 0.82%
Team Sledd, LLC WV$15.4M · 0.48%
Jefferds Corporation WV$13.8M · 0.02%
Logan Corporation WV$7.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550753984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.