Plan Ledger DOL Form 5500 · updated monthly

Allan S. Goodman, Inc.401(k)

ALLAN S. GOODMAN, INC. 401(K) PROFIT SHARING PLAN · EAST HARTFORD, CT · plan year 2022

Reported admin expense ratio · 2022
0.40%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Allan S. Goodman, Inc. reported $93,166 in plan administrative expenses for 2022: 0.40% of average plan assets, above the peer median. Employer contributions averaged $8,166 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 549th-largest of 1,106 plans among Connecticut employers on file, and the 1,845th of 4,246 in wholesale trade. In 2022, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,618,686
Participants with balances84
Active participants63
Employer contributions$514,470
Employee contributions$656,942
Employer contribution per active participant$8,166
Average account balance$245,461
Benefits paid to participants$2,536,119
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$60,566
Investment management$20,000
Professional / advisory$12,600
Total administrative$93,166
The Allan S. Goodman, Inc. 401(k) match · 2022
Employer contribution per active participant$8,166
Median for plans this size$2,266

Allan S. Goodman, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$93,166 · 0.40%
Similar plansWholesale Trade · Connecticut
Hmtx Industries LLC CT$23.1M · 0.05%
Trefz Corporation CT$22.7M · 0.23%
S&S Worldwide, Inc. CT$19.8M · 0.01%
Kinsley Group, Inc. CT$18.4M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060427155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.