Plan Ledger DOL Form 5500 · updated monthly

Go-Mart, Inc.401(k)

GO-MART, INC. 401(K) PLAN · GASSAWAY, WV · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Go-Mart, Inc. reported $44,143 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $123 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 3 years on file its reported administrative ratio has held roughly steady near 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 117th-largest of 265 plans among West Virginia employers on file, and the 2,157th of 5,215 in retail trade. In 2024, employees put in $4.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,873,740
Participants with balances285
Active participants996
Employer contributions$122,904
Employee contributions$587,931
Employer contribution per active participant$123
Average account balance$45,171
Benefits paid to participants$567,204
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRIFFITH, & MAYS
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 285 accts · $123K emplr
2023$11.5M · 253 accts · $101K emplr
2022$10.8M · 258 accts · $117K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,738
Investment management$39,405
Total administrative$44,143
The Go-Mart, Inc. 401(k) match · 2024
Employer contribution per active participant$123
Median for plans this size$2,416
2024$123 per active participant
2023$103 per active participant
2022$116 per active participant

Go-Mart, 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 · 20242
FORVIS MAZARS WEALTH ADVISORS LLC · Investment advisory (plan)$39,405
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$4,738

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

Administrative cost history3
2024$44,143 · 0.36%
2023$41,066 · 0.37%
2022$45,965 · 0.38%
Same employer
Similar plansRetail Trade · West Virginia
Leslie Equipment Company WV$20.6M · 0.51%
Fruth, Inc. WV$18.5M · 0.48%
Astorg Auto of Charleston WV$17.3M · 0.47%
Forth Foods, Inc WV$12.7M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 550484692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.