Gallup, Inc. 401(k) Review & Grade
Gallup Retirement and Savings Plan
Omaha, NEProfessional, Scientific & Technical Services1,016 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,899Employer $ per active participant
$9,774Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$263.1MNet plan assets, end of year
$184,486Average balance per account
Score breakdown
- Employer generosity23.5 / 5047th percentile for employer $ per participant
- Low cost18.6 / 2574th percentile for low admin cost vs. same-size plans
- Employee saving8.5 / 1557th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score61 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 47th |
| Lower admin cost | 74th |
| Employee saving | 57th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Gallup put in about $2,899 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,946,768 |
| Participant (employee) contributions | $9,935,479 |
| Other contributions (incl. rollovers in) | $408,559 |
| Administrative expenses paid from the plan | $244,259 |
| Investment advisory & management fees | $117,821 |
| Benefits paid out | $12,860,709 |
| Net assets, start / end of year | $233.2M / $263.1M |
| Active participants, start / end of year | 1,060 / 973 |
| Participants with account balances | 1,426 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Lutz and Company, PC |
| Employer stock held by plan | $58,666,671 |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $126,438 reported compensation |
| Sageview Advisory Group LLC | $117,821 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013172906NAL0000860851001, received 2025-10-13, EIN 21-0699771, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.