Plan Ledger DOL Form 5500 · updated monthly

Gwa, LLC401(k)

GWA, LLC 401(K) PROFIT SHARING PLAN · MERIDEN, CT · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Gwa, LLC reported $100 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,601 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 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other finance & insurance employers. By assets it is the 198th-largest of 1,106 plans among Connecticut employers on file, and the 1,037th of 4,798 in finance & insurance. In 2023, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$95,848,000
Participants with balances189
Active participants106
Employer contributions$805,752
Employee contributions$1,703,029
Employer contribution per active participant$7,601
Average account balance$507,132
Benefits paid to participants$6,008,819
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.5M · 79 accts · $505K emplr
2023$95.8M · 189 accts · $806K emplr
2022$90.8M · 196 accts · $786K emplr
The Gwa, LLC 401(k) match · 2023
Employer contribution per active participant$7,601
Median for plans this size$3,659
2024$45,915 per active participant
2023$7,601 per active participant
2022$7,150 per active participant

Gwa, LLC's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$7,204 · 0.01%
2023$100 · 0.00%
2022$909 · 0.00%
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Source: U.S. Department of Labor, Form 5500 series, EIN 061457079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.