Plan Ledger DOL Form 5500 · updated monthly

The Gallivan Corporation401(k)

GALLIVAN CORPORATION 401(K) PLAN · TROY, NY · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

The Gallivan Corporation reported $9,286 in plan administrative expenses for 2022: 0.34% of average plan assets, below the peer median. Employer contributions averaged $2,362 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (5,254th of 5,648), and 2,092nd of 2,534 in administrative & support services. In 2022, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,357,397
Participants with balances29
Active participants32
Employer contributions$75,593
Employee contributions$155,016
Employer contribution per active participant$2,362
Average account balance$46,807
Benefits paid to participants$104,714
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$2,273
Professional / advisory$7,013
Total administrative$9,286
The The Gallivan Corporation 401(k) match · 2022
Employer contribution per active participant$2,362
Median for plans this size$1,114

The Gallivan Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,286 · 0.34%
Similar plansAdministrative & Support Services · New York
Seal Security, LLC NY$1.4M · 0.90%
Secur Corp NY$1.1M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141806477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.