Plan Ledger DOL Form 5500 · updated monthly

Goforth & Marti401(k)

GOFORTH & MARTI 401(K) PROFIT SHARING PLAN · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Goforth & Marti reported $1,902 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 rose from 0.01% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (6,122nd of 9,483), and 3,125th of 5,215 in retail trade. active participation has grown from 201 to 222 since 2022.

Plan summary
Net assets, end of year$7,656,245
Participants with balances204
Active participants222
Employer contributions$0
Employee contributions$678,004
Employer contribution per active participant$0
Average account balance$37,531
Benefits paid to participants$296,728
Plan auditUnmodified (clean) audit opinion
AuditorSOREN MCADAM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 204 accts
2023$6.5M · 214 accts
2022$5.8M · 204 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,902
Total administrative$1,902
The Goforth & Marti 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Goforth & Marti's 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK USA · Recordkeeping$726
JOHN HANCOCK USA · Recordkeeping$726

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$1,902 · 0.03%
2023$642 · 0.01%
2022$384 · 0.01%
Same employer
Similar plansRetail Trade · California
Gametime United, Inc. CA$7.8M · 0.07%
Ydesign Group, LLC CA$7.7M · 0.73%
A.K.A. Brands, Inc. CA$7.7M · 0.56%
Redbarn Pet Products, LLC CA$7.5M · 0.06%
Irwin International, Inc. CA$7.5M · 0.46%
Nzxt, Inc. CA$7.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952091271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.