Plan Ledger DOL Form 5500 · updated monthly

Gunnison Company401(k)

GUNNISON COMPANY 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
1.06%

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

Gunnison Company reported $107,361 in plan administrative expenses for 2024: 1.06% of average plan assets, higher than ~90% of peers. Employer contributions averaged $870 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 0.06% to 1.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Georgia (1,188th of 2,160), and the 950th of 2,534 in administrative & support services. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 1,312 to 829 since 2022.

Plan summary
Net assets, end of year$10,934,825
Participants with balances301
Active participants829
Employer contributions$721,557
Employee contributions$1,491,690
Employer contribution per active participant$870
Average account balance$36,328
Benefits paid to participants$1,801,239
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 301 accts · $722K emplr
2023$9.4M · 313 accts · $847K emplr
2022$379K · 93 accts · $123K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,361
Total administrative$107,361
The Gunnison Company 401(k) match · 2024
Employer contribution per active participant$870
Median for plans this size$2,416
2024$870 per active participant
2023$827 per active participant
2022$94 per active participant

Gunnison Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$101,538
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$5,823

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$107,361 · 1.06%
2023$56,254 · 1.16%
2022$213 · 0.06%
Similar plansAdministrative & Support Services · Georgia
Momentum Resources, Inc. GA$12.5M · 0.57%
Pbd, Inc. GA$12.4M · 0.10%
The Intersect Group, LLC GA$12.2M · 0.64%
Informdata LLC GA$11.3M · 0.67%
Creative Multicare, LLC GA$10.9M · 0.36%
Rsh Staffing, LLC GA$9.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844753326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.