Plan Ledger DOL Form 5500 · updated monthly

Wound Care Concepts LLC401(k)

GENTELL 401(K) PROFIT SHARING PLAN AND TRUST · BRISTOL, PA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Wound Care Concepts LLC reported $53,821 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $3,325 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 0.72% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,306th of 3,651), and 8,877th of 13,661 in manufacturing. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 201 to 309 since 2022.

Plan summary
Net assets, end of year$9,808,647
Participants with balances401
Active participants309
Employer contributions$1,027,311
Employee contributions$1,665,225
Employer contribution per active participant$3,325
Average account balance$24,460
Benefits paid to participants$585,327
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 401 accts · $1.0M emplr
2023$6.7M · 285 accts · $786K emplr
2022$4.2M · 242 accts · $497K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,861
Investment management$38,960
Total administrative$53,821
The Wound Care Concepts LLC 401(k) match · 2024
Employer contribution per active participant$3,325
Median for plans this size$1,313
2024$3,325 per active participant
2023$3,248 per active participant
2022$2,471 per active participant

Wound Care Concepts LLC's 2024 employer contribution ran above the $1,313 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$14,861
LPL FINANCIAL RPCP · Investment advisory (plan)$38,898

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$53,821 · 0.65%
2023$47,249 · 0.87%
2022$29,953 · 0.72%
Same employer
Similar plansManufacturing · Pennsylvania
K-Fab, Inc. PA$9.9M · 0.93%
Aberdeen Road Company PA$9.9M · 0.28%
Chc Solutions, Inc. PA$9.8M · 0.80%
Penn Emblem Company PA$9.8M · 0.27%
Rebco, Inc. PA$9.6M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203589861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.