Plan Ledger DOL Form 5500 · updated monthly

Gunderlin, LTD.401(k)

GUNDERLIN, LTD. RETIREMENT SAVINGS PLAN · HIALEAH, FL · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Gunderlin, LTD. reported $44,053 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,413 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 0.26% to 0.37%. 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 1,513th-largest of 3,644 plans among Florida employers on file, and 7,767th of 13,661 in manufacturing. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has grown from 120 to 132 since 2022.

Plan summary
Net assets, end of year$12,856,000
Participants with balances114
Active participants132
Employer contributions$186,483
Employee contributions$509,470
Employer contribution per active participant$1,413
Average account balance$112,772
Benefits paid to participants$472,883
Plan auditUnmodified (clean) audit opinion
AuditorCHABO, DE FERIA & CO., P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 114 accts · $186K emplr
2023$11.2M · 112 accts · $183K emplr
2022$9.5M · 117 accts · $169K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,721
Investment management$37,332
Total administrative$44,053
The Gunderlin, LTD. 401(k) match · 2024
Employer contribution per active participant$1,413
Median for plans this size$2,416
2024$1,413 per active participant
2023$1,552 per active participant
2022$1,409 per active participant

Gunderlin, LTD.'s 2024 employer contribution ran below 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 · 20245
STADION MONEY MANAGEMENT · Investment advisory (participants)$23,816
BENCHMARK FINANCIAL WEALTH ADVISORS · Investment advisory (plan)$12,569
ASCENSUS LLC · Loan processing · Securities brokerage$4,970
UNITED OF OMAHA · Loan processing$1,750
MUTUAL OF OMAHA · Other servicesindirect comp

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$44,053 · 0.37%
2023$27,884 · 0.27%
2022$27,242 · 0.26%
Similar plansManufacturing · Florida
Valeda Company LLC FL$13.1M · 0.66%
Merrick Industries, Inc. FL$13.1M · 0.51%
Apyx Medical Corporation FL$13.0M · 0.45%
The Fathers Table LLC FL$12.8M · 1.00%
Valley Forge Fabrics, Inc. FL$12.5M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590691691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.