Plan Ledger DOL Form 5500 · updated monthly

J. Gibson McIlvain Company401(k)

J. GIBSON MCILVAIN EMPLOYEE 401(K) PS PLAN · WHITE MARSH, MD · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

J. Gibson McIlvain Company reported $42,497 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $334 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 0.52% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Maryland (1,012th of 1,671), and 2,979th of 4,246 in wholesale trade. In 2024, employees put in $14.88 for every $1.00 the employer contributed; active participation has grown from 88 to 108 since 2022.

Plan summary
Net assets, end of year$9,547,531
Participants with balances111
Active participants108
Employer contributions$36,089
Employee contributions$536,866
Employer contribution per active participant$334
Average account balance$86,014
Benefits paid to participants$587,707
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 111 accts · $36K emplr
2023$8.3M · 111 accts · $47K emplr
2022$7.4M · 112 accts · $23K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,169
Investment management$26,328
Total administrative$42,497
The J. Gibson McIlvain Company 401(k) match · 2024
Employer contribution per active participant$334
Median for plans this size$1,313
2024$334 per active participant
2023$481 per active participant
2022$258 per active participant

J. Gibson McIlvain Company's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$16,169
OSAIC FINL · Investment advisory (plan)$26,328

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,497 · 0.48%
2023$41,126 · 0.52%
2022$43,320 · 0.52%
Similar plansWholesale Trade · Maryland
Tri-Gas & Oil Co. Inc. MD$10.8M · 0.67%
Trible's, Inc MD$9.6M · 0.73%
Charles Products Inc. MD$6.1M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520896086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.