Plan Ledger DOL Form 5500 · updated monthly

Gold Cross Services Inc.401(k)

GOLD CROSS SERVICES, INC. 401(K) RETIREMENT SAVINGS PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Gold Cross Services Inc. reported $66,277 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $580 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 0.45% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 365th-largest of 848 plans among Utah employers on file, and the 4,498th of 11,911 in health care & social assistance. In 2024, employees put in $5.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,983,224
Participants with balances842
Active participants579
Employer contributions$335,671
Employee contributions$1,678,354
Employer contribution per active participant$580
Average account balance$17,795
Benefits paid to participants$642,014
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 842 accts · $336K emplr
2023$12.1M · 767 accts · $287K emplr
2022$9.1M · 613 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,190
Investment management$37,330
Total administrative$66,277
The Gold Cross Services Inc. 401(k) match · 2024
Employer contribution per active participant$580
Median for plans this size$2,416
2024$580 per active participant
2023$399 per active participant
2022$461 per active participant

Gold Cross Services Inc.'s 2024 employer contribution ran below the $2,416 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$37,330

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$66,277 · 0.49%
2023$58,855 · 0.56%
2022$41,952 · 0.45%
Similar plansHealth Care & Social Assistance · Utah
Premier Family Medical, LLC UT$18.2M · 0.26%
Donorconnect UT$15.0M · 0.48%
Brighton G&B Holdings Inc. UT$13.7M · 0.80%
Utah Youth Village, Inc. UT$13.6M · 0.59%
Community Nursing Services UT$13.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870277106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.