Plan Ledger DOL Form 5500 · updated monthly

Gyansys, Inc.401(k)

GYANSYS, INC. 401(K) PLAN · CARMEL, IN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Gyansys, Inc. reported $5,923 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,457 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 0.13% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 519th-largest of 1,562 plans among Indiana employers on file, and the 5,157th of 11,654 in professional & technical services. In 2024, employees put in $3.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,324,658
Participants with balances181
Active participants132
Employer contributions$588,310
Employee contributions$2,054,632
Employer contribution per active participant$4,457
Average account balance$123,341
Benefits paid to participants$1,314,144
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 181 accts · $588K emplr
2023$17.6M · 155 accts · $580K emplr
2022$13.5M · 148 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,650
Investment management$4,273
Total administrative$5,923
The Gyansys, Inc. 401(k) match · 2024
Employer contribution per active participant$4,457
Median for plans this size$2,416
2024$4,457 per active participant
2023$4,087 per active participant
2022$4,177 per active participant

Gyansys, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,655

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$5,923 · 0.03%
2023$22,806 · 0.15%
2022$18,309 · 0.13%
Similar plansProfessional & Technical Services · Indiana
Schmidt Associates Inc. IN$26.2M · 0.39%
Servant HR, Inc. IN$25.0M · 0.91%
Tri Star Engineering Inc. IN$22.8M · 0.02%
Usi Consultants, Inc IN$21.8M · 0.01%
Kruggel, Lawton & Co., LLC IN$20.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562498060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.