Plan Ledger DOL Form 5500 · updated monthly

Gut, P.C.401(k)

GUT, P.C. PROFIT SHARING PLAN · DOTHAN, AL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Gut, P.C. reported $88,978 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $8,628 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 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 250th-largest of 902 plans among Alabama employers on file, and the 3,102nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves; active participation has grown from 111 to 139 since 2022.

Plan summary
Net assets, end of year$25,755,424
Participants with balances206
Active participants139
Employer contributions$1,199,321
Employee contributions$873,423
Employer contribution per active participant$8,628
Average account balance$125,026
Benefits paid to participants$354,238
Plan auditUnmodified (clean) audit opinion
AuditorBARBACANE, THORNTON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.8M · 206 accts · $1.2M emplr
2023$21.2M · 180 accts · $1.1M emplr
2022$16.5M · 126 accts · $980K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,978
Total administrative$88,978
The Gut, P.C. 401(k) match · 2024
Employer contribution per active participant$8,628
Median for plans this size$2,416
2024$8,628 per active participant
2023$8,597 per active participant
2022$8,828 per active participant

Gut, P.C.'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 · 20243
MERRILL LYNCH · Investment advisory (plan)$49,934
MORGAN STANLEY GLOBAL BANKING OPERA · Investment advisory (plan)$32,395
NORTHWESTERN MUTUAL · Investment advisory (plan)$5,942

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$88,978 · 0.38%
2023$72,956 · 0.39%
2022$69,803 · 0.40%
Similar plansHealth Care & Social Assistance · Alabama
Crowne Management, LLC AL$33.6M · 0.75%
Turenne & Associates, LLC AL$29.0M · 0.44%
Grayson & Associates, P.C. AL$24.7M · 0.19%
Norwood Clinic, Inc. AL$24.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202904686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.