401k Record

Employers › Gibson Brands

Gibson Brands 401(k)

Recordkeeping fees per participant · Gibson Brands, Inc. 401(k) Plan · plan year 2024

$85.43

Higher than 63% of the 5,847 plans $50 to 250M that report it.

Source

= $95,170 / 1,114
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009133751NAL0011046352001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009133751NAL0011046352001, received 2025-10-09

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-09.

Cost and contributions

Administrative expenses excluding investment management, per participant

$93.21

10th: $16.21median $93.2090th: $246.84

Higher than 50% of the 8,758 plans $50 to 250M that report it.

Source

= $103,840 / 1,114
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009133751NAL0011046352001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009133751NAL0011046352001, received 2025-10-09

Administrative expenses per participant

$108.23

10th: $29.39median $132.8490th: $350.58

Higher than 40% of the 9,042 plans $50 to 250M that report it.

Source

= $120,565 / 1,114
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009133751NAL0011046352001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009133751NAL0011046352001, received 2025-10-09

Administrative expenses as a share of assets

0.225%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 75% of the 9,049 plans $50 to 250M that report it.

Source

= $120,565 / $53,504,966
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009133751NAL0011046352001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009133751NAL0011046352001, received 2025-10-09

Employer contributions per participant

$1,870

10th: $965median $2,73890th: $8,164

Higher than 29% of the 9,105 plans $50 to 250M that report it.

Source

= $2,083,125 / 1,114
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009133751NAL0011046352001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009133751NAL0011046352001, received 2025-10-09

Employer share of total contributions

30.7%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 54% of the 9,112 plans $50 to 250M that report it.

Source

= $2,083,125 / $6,794,269
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009133751NAL0011046352001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009133751NAL0011046352001, received 2025-10-09

Plan terms, as stated in Gibson Brands, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009133751NAL0011046352001, received 2025-10-09

Full record, Gibson Brands, Inc. 401(k) Plan

FieldValueSource
Plan sponsorGIBSON BRANDS, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009133751NAL0011046352001, received 2025-10-09
Plan nameGIBSON BRANDS, INC. 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251009133751NAL0011046352001, received 2025-10-09
Sponsor EIN / plan number73-1244520 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009133751NAL0011046352001, received 2025-10-09
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009133751NAL0011046352001, received 2025-10-09
Sponsor locationNASHVILLE, TNForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009133751NAL0011046352001, received 2025-10-09
Industry (business code)339900, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009133751NAL0011046352001, received 2025-10-09
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009133751NAL0011046352001, received 2025-10-09
Filing received2025-10-09Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009133751NAL0011046352001, received 2025-10-09
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009133751NAL0011046352001, received 2025-10-09
Amended filingyesForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251009133751NAL0011046352001, received 2025-10-09
Participants, beginning of year1,511Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009133751NAL0011046352001, received 2025-10-09
Active participants1,254Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009133751NAL0011046352001, received 2025-10-09
Participants, end of year1,551Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009133751NAL0011046352001, received 2025-10-09
Participants with an account balance1,114Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009133751NAL0011046352001, received 2025-10-09
Total assets, beginning of year$43,549,821Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009133751NAL0011046352001, received 2025-10-09
Total assets, end of year$53,504,966Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009133751NAL0011046352001, received 2025-10-09
Net assets, end of year$53,504,966Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009133751NAL0011046352001, received 2025-10-09
Total income$13,140,941Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009133751NAL0011046352001, received 2025-10-09
Net income$9,955,145Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009133751NAL0011046352001, received 2025-10-09
Employer contributions$2,083,125Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009133751NAL0011046352001, received 2025-10-09
Participant contributions$4,362,473Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009133751NAL0011046352001, received 2025-10-09
Other contributions (incl. rollovers)$348,671Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009133751NAL0011046352001, received 2025-10-09
Total contributions$6,794,269Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009133751NAL0011046352001, received 2025-10-09
Benefit payments$3,065,231Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009133751NAL0011046352001, received 2025-10-09
Total expenses (incl. benefit payments)$3,185,796Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009133751NAL0011046352001, received 2025-10-09
Total administrative expenses$120,565Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009133751NAL0011046352001, received 2025-10-09
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251009133751NAL0011046352001, received 2025-10-09
Recordkeeping fees$95,170Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009133751NAL0011046352001, received 2025-10-09
IQPA audit fees$8,670Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251009133751NAL0011046352001, received 2025-10-09
Investment advisory and management fees$16,725Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251009133751NAL0011046352001, received 2025-10-09
Administrative expenses excluding investment management$103,840derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009133751NAL0011046352001, received 2025-10-09
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251009133751NAL0011046352001, received 2025-10-09
Held in common/collective trusts$423,400Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251009133751NAL0011046352001, received 2025-10-09
Held in mutual funds$49,268,863Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009133751NAL0011046352001, received 2025-10-09
Independent auditorBAKER TILLY US, LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009133751NAL0011046352001, received 2025-10-09

Position = column in the DOL layout for form year 2024. Filing 20251009133751NAL0011046352001, received 2025-10-09.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees $95,170yes
STRATEGIC ADVISORS, INC.ADVISOR 27 Investment advisory (plan) $16,725no
KRAFT CPAS, PLLCACCOUNTANT/AUDITOR 10 Accounting (including auditing) $8,670no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251009133751NAL0011046352001, received 2025-10-09.

What changed since the 2023 plan year

Figure20232024Change
Total assets$43,549,821$53,504,96622.9%
Participants with a balance1,0281,1148.4%
Administrative expenses$84,605$120,56542.5%
Recordkeeping fees per participant$70.69$85.4320.9%
Employer contributions$1,783,167$2,083,12516.8%

Prior filing 20240930094504NAL0010849298001, received 2024-09-30; the plan years are contiguous.

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Sponsor name as filed: GIBSON BRANDS, INC.; SEC registrant: GIBSON BRANDS, INC. (CIK 1837932, matched by EIN).