Plan Ledger DOL Form 5500 · updated monthly

Gold Coast Constructors, Inc.401(k)

GOLD COAST CONSTRUCTORS, INC. 401K PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Gold Coast Constructors, Inc. reported $103,294 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,951 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 0.49% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 252nd-largest of 884 plans among Louisiana employers on file, and the 666th of 2,096 in real estate & leasing. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has grown from 135 to 155 since 2022.

Plan summary
Net assets, end of year$20,009,996
Participants with balances195
Active participants155
Employer contributions$457,422
Employee contributions$1,178,375
Employer contribution per active participant$2,951
Average account balance$102,615
Benefits paid to participants$1,339,149
Plan auditUnmodified (clean) audit opinion
AuditorSILVIO, WALKER & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 195 accts · $457K emplr
2023$17.0M · 178 accts · $394K emplr
2022$14.4M · 182 accts · $386K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,294
Total administrative$103,294
The Gold Coast Constructors, Inc. 401(k) match · 2024
Employer contribution per active participant$2,951
Median for plans this size$2,416
2024$2,951 per active participant
2023$2,698 per active participant
2022$2,861 per active participant

Gold Coast Constructors, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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.

Administrative cost history3
2024$103,294 · 0.56%
2023$87,062 · 0.55%
2022$77,412 · 0.49%
Similar plansReal Estate & Leasing · Louisiana
Hri Shared Services, LLC LA$44.0M · 0.65%
Hri Properties, LLC LA$37.9M · 0.59%
Affordable Rent-To-Own, LLC LA$25.4M · 0.53%
1ST Lake Properties, Inc. LA$14.7M · 0.44%
Sealy and Company LLC LA$14.0M · 0.36%
Stirling Properties, LLC LA$10.6M · 0.40%
Gulfstream Services Inc. LA$10.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720908766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.