Plan Ledger DOL Form 5500 · updated monthly

Gunter Construction Company, Inc.401(k)

GUNTER CONSTRUCTION CO., INC. 401(K) SAFE HARBOR PLAN · LAWRENCEVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Gunter Construction Company, Inc. reported $30,250 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $1,970 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 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (1,358th of 2,160), and 3,348th of 5,337 in construction. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 127 to 149 since 2022.

Plan summary
Net assets, end of year$8,274,802
Participants with balances114
Active participants149
Employer contributions$293,568
Employee contributions$464,253
Employer contribution per active participant$1,970
Average account balance$72,586
Benefits paid to participants$550,997
Plan auditUnmodified (clean) audit opinion
AuditorBATES CARTER & CO
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 114 accts · $294K emplr
2023$7.1M · 110 accts · $272K emplr
2022$5.9M · 110 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,250
Total administrative$30,250
The Gunter Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,970
Median for plans this size$1,313
2024$1,970 per active participant
2023$2,058 per active participant
2022$2,027 per active participant

Gunter Construction Company, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,250

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$30,250 · 0.39%
2023$26,140 · 0.40%
2022$25,657 · 0.41%
Same employer
Similar plansConstruction · Georgia
Baker Constructors, Inc. GA$8.9M · 0.15%
Mortensen Woodwork, Inc. GA$8.7M · 0.52%
Npsg Global, LLC GA$8.0M · 0.44%
Bbs Enterprises, Inc GA$7.6M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581132450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.