Plan Ledger DOL Form 5500 · updated monthly

Gws Holdings401(k)

GWS HOLDINGS 401(K) PLAN · TAVARES, FL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Gws Holdings reported $107,296 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,814 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,041st-largest of 3,644 plans among Florida employers on file, and the 5,534th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,204,042
Participants with balances474
Active participants536
Employer contributions$972,263
Employee contributions$1,752,255
Employer contribution per active participant$1,814
Average account balance$46,844
Benefits paid to participants$3,241,763
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPA'S LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,619
Investment management$48,677
Total administrative$107,296
The Gws Holdings 401(k) match · 2024
Employer contribution per active participant$1,814
Median for plans this size$2,416

Gws Holdings's 2024 employer contribution ran below the $2,416 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 · 20244
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$40,715
EMPOWER ADVISORY GROUP, LLC · Investment management$16,738
JULY BUSINESS SERVICES · Contract administrator$3,800

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$107,296 · 0.51%
Same employer
Similar plansManufacturing · Florida
J.C. Newman Cigar Company FL$23.3M · 0.59%
Orthomerica Products, Inc. FL$23.1M · 0.49%
B & M Precision, Inc. FL$23.1M · 0.40%
Wire Experts Group, Inc. FL$22.9M · 0.00%
Perez Trading Company, Inc. FL$20.7M · 0.26%
Gws Tool, LLC FL$20.2M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471390886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.