Plan Ledger DOL Form 5500 · updated monthly

Gunvor USA, LLC401(k)

GUNVOR USA, LLC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Gunvor USA, LLC reported $2,630 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,284 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 fell from 0.012% to 0.010%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,495th-largest of 5,688 plans among Texas employers on file, and the 2,348th of 4,798 in finance & insurance. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 133 to 171 since 2022.

Plan summary
Net assets, end of year$31,364,515
Participants with balances237
Active participants171
Employer contributions$1,758,561
Employee contributions$2,565,239
Employer contribution per active participant$10,284
Average account balance$132,340
Benefits paid to participants$1,091,750
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.4M · 237 accts · $1.8M emplr
2023$23.1M · 221 accts · $1.7M emplr
2022$16.8M · 200 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,925
Investment management$705
Total administrative$2,630
The Gunvor USA, LLC 401(k) match · 2024
Employer contribution per active participant$10,284
Median for plans this size$2,416
2024$10,284 per active participant
2023$11,334 per active participant
2022$12,285 per active participant

Gunvor USA, LLC's 2024 employer contribution ran above the $2,416 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
BOKF, NA · Custodial (securities) · Trustee$2,630

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$2,630 · 0.01%
2023$1,722 · 0.01%
2022$2,031 · 0.01%
Same employer
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Datcu Credit Union TX$31.5M · 0.01%
Nova 401K Associates TX$31.2M · 0.04%
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Bbg, Inc. TX$30.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812330061 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.