Plan Ledger DOL Form 5500 · updated monthly

Gold Country, Inc.401(k)

GOLD COUNTRY, INC. 401(K) PLAN · MINNETONKA, MN · plan year 2022

Reported admin expense ratio · 2022
0.69%

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

Gold Country, Inc. reported $42,575 in plan administrative expenses for 2022: 0.69% of average plan assets, above the peer median. Employer contributions averaged $950 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,565th of 1,918), and 3,650th of 5,215 in retail trade. In 2022, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,400,075
Participants with balances97
Active participants151
Employer contributions$143,460
Employee contributions$317,210
Employer contribution per active participant$950
Average account balance$55,671
Benefits paid to participants$816,722
Plan auditUnmodified (clean) audit opinion
AuditorCOPELAND BUHL & CO.
The Gold Country, Inc. 401(k) match · 2022
Employer contribution per active participant$950
Median for plans this size$1,114

Gold Country, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$42,575 · 0.69%
Similar plansRetail Trade · Minnesota
Kadlec Motors, Inc. MN$5.7M · 1.26%
Fridley Motor Company MN$5.5M · 0.36%
Snell Motors, Inc. MN$5.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411640999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.