Plan Ledger DOL Form 5500 · updated monthly

Go-Hire Employment and Development Inc401(k)

GO-HIRE EMPLOYMENT AND DEVELOPMENT, INC. 401(K) PLAN · HAZARD, KY · plan year 2024

Reported admin expense ratio · 2024
1.14%

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

Go-Hire Employment and Development Inc reported $178,417 in plan administrative expenses for 2024: 1.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,121 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.

Across the 2 years on file its reported administrative ratio fell from 1.30% to 1.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 331st-largest of 871 plans among Kentucky employers on file, and the 697th of 2,534 in administrative & support services. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,178,505
Participants with balances1,070
Active participants810
Employer contributions$908,408
Employee contributions$1,504,825
Employer contribution per active participant$1,121
Average account balance$16,055
Benefits paid to participants$1,101,330
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 1,070 accts · $908K emplr
2023$14.1M · 1,061 accts · $902K emplr
2022$11.1M · 1,024 accts · $767K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,591
Investment management$81,146
Total administrative$178,417
The Go-Hire Employment and Development Inc 401(k) match · 2024
Employer contribution per active participant$1,121
Median for plans this size$2,416
2024$1,121 per active participant
2023$1,088 per active participant
2022$873 per active participant

Go-Hire Employment and Development Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$79,661
ANEW 401(K) TPA, LLC · Recordkeeping · Loan processing$12,930
MERIDIAN WEALTH MANAGEMENT, LLC · Investment advisory (plan)$73,896
BLUE & CO LLC · Accounting / audit$7,250

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ANEW 401(K) TPA, LLC, Transamerica
2023ANEW 401(K) TPA, LLC, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$178,417 · 1.14%
2023$183,142 · 1.46%
2022$152,284 · 1.30%
Same employer
Similar plansAdministrative & Support Services · Kentucky
Orr Corporation KY$60.2M · 0.03%
Swift & Staley Inc. KY$14.4M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273753678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.