Plan Ledger DOL Form 5500 · updated monthly

L.H. Gault & Son, Inc.401(k)

GAULT ENERGY RETIREMENT PLAN · WESTPORT, CT · plan year 2025

Reported admin expense ratio · 2025
0.20%

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

L.H. Gault & Son, Inc. reported $36,084 in plan administrative expenses for 2025: 0.20% of average plan assets, below the peer median. Employer contributions averaged $946 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 4 years on file its reported administrative ratio has held roughly steady near 0.198%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Connecticut (570th of 1,106), and the 1,524th of 5,215 in retail trade. In 2025, employees put in $4.52 for every $1.00 the employer contributed; active participation has grown from 211 to 249 since 2022.

Plan summary
Net assets, end of year$19,096,860
Participants with balances270
Active participants249
Employer contributions$235,588
Employee contributions$1,064,911
Employer contribution per active participant$946
Average account balance$70,729
Benefits paid to participants$2,204,586
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$19.1M · 270 accts · $236K emplr
2024$17.3M · 258 accts · $236K emplr
2023$16.8M · 239 accts · $242K emplr
2022$12.4M · 204 accts · $185K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$36,084
Total administrative$36,084
The L.H. Gault & Son, Inc. 401(k) match · 2025
Employer contribution per active participant$946
Median for plans this size$2,666
2025$946 per active participant
2024$961 per active participant
2023$1,025 per active participant
2022$878 per active participant

L.H. Gault & Son, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$36,084

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

Recordkeeper by year3
2025Newport (Ascensus)
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history4
2025$36,084 · 0.20%
2024$33,623 · 0.20%
2023$32,466 · 0.22%
2022$27,287 · 0.20%
Same employer
Similar plansRetail Trade · Connecticut
The Lovesac Company CT$24.8M · 0.05%
Garafalo Markets, LLC CT$20.3M · 0.37%
Gengras Motor Cars, Inc. CT$17.9M · 0.41%
Orlor, Inc CT$17.4M · 0.18%
Harte Nissan, Inc. CT$16.3M · 0.53%
Designs for Health, Inc. CT$15.7M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060358860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.