Plan Ledger DOL Form 5500 · updated monthly

Gold Creek Foods401(k)

GOLD CREEK FOODS 401(K) PLAN · GAINESVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Gold Creek Foods reported $3,333 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $167 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 0.48% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,446th of 2,160), and 10,124th of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 784 to 2,840 since 2022.

Plan summary
Net assets, end of year$7,086,217
Participants with balances160
Active participants2,840
Employer contributions$475,330
Employee contributions$851,787
Employer contribution per active participant$167
Average account balance$44,289
Benefits paid to participants$380,355
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 160 accts · $475K emplr
2023$5.3M · 141 accts · $468K emplr
2022$3.4M · 104 accts · $358K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,333
Total administrative$3,333
The Gold Creek Foods 401(k) match · 2024
Employer contribution per active participant$167
Median for plans this size$1,313
2024$167 per active participant
2023$259 per active participant
2022$456 per active participant

Gold Creek Foods'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 · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,308

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$3,333 · 0.05%
2023$14,488 · 0.34%
2022$16,017 · 0.48%
Similar plansManufacturing · Georgia
Fpl Food, LLC GA$7.5M · 2.78%
Kumho Tire Georgia GA$7.3M · 2.01%
Cmi Limited Co. GA$7.2M · 0.50%
Denyse Signs, Inc. GA$7.0M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582602201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.