Gcom Software LLC 401(k) Review & Grade
Gcom Software LLC 401k Plan
Columbia, MDProfessional, Scientific & Technical Services770 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,387Employer $ per active participant
$10,658Employee $ saved per active participant
0.24%Direct admin cost, % of plan assets
$75.5MNet plan assets, end of year
$86,299Average balance per account
Score breakdown
- Employer generosity34.2 / 5068th percentile for employer $ per participant
- Low cost12.1 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving9.6 / 1564th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score63 / 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 | 68th |
| Lower admin cost | 49th |
| Employee saving | 64th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $3,953 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Gcom Software put in about $4,387 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $3,375,980 |
| Participant (employee) contributions | $8,201,478 |
| Other contributions (incl. rollovers in) | $1,325,301 |
| Administrative expenses paid from the plan | $158,832 |
| Contract administrator fees | $158,832 |
| Benefits paid out | $2,513,565 |
| Net assets, start / end of year | $56.8M / $75.5M |
| Active participants, start / end of year | 740 / 799 |
| Participants with account balances | 875 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Lombardo Ayers & Company, LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $158,832 reported compensation |
| Creative Planning, Inc. | $30,000 reported compensation |
| Gcom Software LLC | $15,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013074922NAL0000803953001, received 2025-10-13, EIN 52-2179898, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.