Plan Ledger DOL Form 5500 · updated monthly

William T. Gardner, Inc.401(k)

WILLIAM T. GARDNER, INC. PROFIT SHARING PLAN · LINCOLN, ME · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

William T. Gardner, Inc. reported $18,079 in plan administrative expenses for 2022: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,261 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 3 years on file its reported administrative ratio has held roughly steady near 0.109%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Maine (180th of 354), and the 320th of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,330,731
Participants with balances104
Active participants97
Employer contributions$219,348
Employee contributions$346,867
Employer contribution per active participant$2,261
Average account balance$147,411
Benefits paid to participants$1,012,265
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 117 accts · $258K emplr
2023$12.5M · 109 accts · $237K emplr
2022$15.3M · 104 accts · $219K emplr
Administrative expenses, itemized · 2022
Investment management$6,500
Total administrative$18,079
The William T. Gardner, Inc. 401(k) match · 2022
Employer contribution per active participant$2,261
Median for plans this size$2,266
2024$2,391 per active participant
2023$2,179 per active participant
2022$2,261 per active participant

William T. Gardner, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$14,200 · 0.11%
2023$15,743 · 0.11%
2022$18,079 · 0.11%
Same employer
Similar plansAgriculture, Forestry & Fishing · Maine
O'Hara Corporation ME$22.6M · 0.27%
John Lucas Tree Expert Co. ME$16.6M · 0.21%
Culture Amp, Inc. CA$15.4M · 0.03%
Cosmos Club DC$15.4M · 0.25%
Lykes Bros. Inc. FL$15.3M · 0.26%
Ak-Chin Indian Community AZ$15.2M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 010327414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.