Gee Group Inc. 401(k) Review & Grade
Gee Group Inc. Incentive Savings Plan
Jacksonville, FLAdministrative, Support & Staffing Services1,027 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$446Employer $ per active participant
$1,134Employee $ saved per active participant
0.29%Direct admin cost, % of plan assets
$22.4MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity20.8 / 5042th percentile for employer $ per participant
- Low cost10.3 / 2541th percentile for low admin cost vs. same-size plans
- Employee saving5.3 / 1535th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 41th |
| Employee saving | 35th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Corrective distributions: the plan refunded $601 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Gee Group put in about $446 per active participant, below the typical peer ($712). 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.
- 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 | $457,597 |
| Participant (employee) contributions | $1,164,217 |
| Other contributions (incl. rollovers in) | $2,544 |
| Administrative expenses paid from the plan | $66,679 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $28,677 |
| Benefits paid out | $4,374,856 |
| Net assets, start / end of year | $23.0M / $22.4M |
| Active participants, start / end of year | 926 / 1,128 |
| Participants with account balances | 390 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Smith & Howard, PC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $38,002 reported compensation |
| Onedigital Investment Advisors LLC | $23,608 reported compensation |
| Strategic Advisors, Inc. | $5,069 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251231084722NAL0019783489001, received 2025-12-31, EIN 36-6097429, plan #001, plan year 2024-05-01 to 2025-04-30. Verify at efast.dol.gov.