Gerson Lehrman Group 401(k) Review & Grade
Gerson Lehrman Group Inc Plan
New York, NYInformation1,211 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,674Employer $ per active participant
$9,037Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$167.6MNet plan assets, end of year
$77,523Average balance per account
Score breakdown
- Employer generosity23.0 / 5046th percentile for employer $ per participant
- Low cost20.5 / 2582th percentile for low admin cost vs. same-size plans
- Employee saving7.7 / 1551th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 46th |
| Lower admin cost | 82th |
| Employee saving | 51th |
| Peers that auto-enroll | 59% |
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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
- Gerson Lehrman Group put in about $2,674 per active participant, below the typical peer ($2,829). 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 | $3,238,300 |
| Participant (employee) contributions | $10,944,370 |
| Other contributions (incl. rollovers in) | $954,873 |
| Administrative expenses paid from the plan | $107,819 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $28,977 |
| Benefits paid out | $18,851,703 |
| Net assets, start / end of year | $145.1M / $167.6M |
| Active participants, start / end of year | 1,169 / 1,253 |
| Participants with account balances | 2,162 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Withum, Smith & Brown, PC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $54,142 reported compensation |
| Strategic Advisors, Inc. | $28,977 reported compensation |
| Withumsmith+brown, P.C. | $24,700 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014145638NAL0006527394001, received 2025-10-14, EIN 13-4101226, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.