Plan Ledger DOL Form 5500 · updated monthly

Gobrands, Inc.401(k)

GOBRANDS, INC. 401(K) PROFIT SHARING PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Gobrands, Inc. reported $195,256 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $949 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 0.32% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 586th-largest of 3,651 plans among Pennsylvania employers on file, and the 538th of 4,246 in wholesale trade. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 2,367 to 4,198 since 2022.

Plan summary
Net assets, end of year$76,562,773
Participants with balances1,946
Active participants4,198
Employer contributions$3,983,333
Employee contributions$7,851,348
Employer contribution per active participant$949
Average account balance$39,344
Benefits paid to participants$16,453,670
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.6M · 1,946 accts · $4.0M emplr
2023$69.5M · 1,764 accts · $4.8M emplr
2022$50.3M · 2,380 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$178,803
Investment management$16,453
Total administrative$195,256
The Gobrands, Inc. 401(k) match · 2024
Employer contribution per active participant$949
Median for plans this size$3,635
2024$949 per active participant
2023$935 per active participant
2022$507 per active participant

Gobrands, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTSINSTITUTIONAL · Loan processing$178,803
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,453

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$195,256 · 0.27%
2023$178,634 · 0.30%
2022$129,764 · 0.32%
All plans at this employer2
GOBRANDS, INC. 401(K) PROFIT SHARING PLAN401(k)
GOBRANDS, INC. 401(K) PROFIT SHARING PLAN401(k)
Same employer
Similar plansWholesale Trade · Pennsylvania
D & H Distributing Co. PA$90.1M · 0.07%
Proconex PA$89.7M · 0.08%
Leedsworld, Inc. PA$84.1M · 0.38%
Broder Bros., Co. PA$80.1M · 0.20%
Singer Equipment Co., Inc. PA$71.7M · 0.22%
Antonio Origlio, Inc. PA$59.2M · 0.08%
Anderson Equipment Company PA$56.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474409123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.