Plan Ledger DOL Form 5500 · updated monthly

Gold Standard Enterprises, Inc.401(k)

GOLD STANDARD ENTERPRISES, INC. 401(K) PLAN · NILES, IL · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Gold Standard Enterprises, Inc. reported $175,759 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $929 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 0.43% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,180th-largest of 3,702 plans among Illinois employers on file, and the 894th of 5,215 in retail trade. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 1,063 to 1,595 since 2022.

Plan summary
Net assets, end of year$35,427,510
Participants with balances666
Active participants1,595
Employer contributions$1,480,988
Employee contributions$2,433,882
Employer contribution per active participant$929
Average account balance$53,194
Benefits paid to participants$975,562
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.4M · 666 accts · $1.5M emplr
2023$28.2M · 630 accts · $638K emplr
2022$23.3M · 545 accts · $635K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,592
Investment management$25,000
Trustee / custodial$167
Total administrative$175,759
The Gold Standard Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$929
Median for plans this size$2,416
2024$929 per active participant
2023$413 per active participant
2022$597 per active participant

Gold Standard Enterprises, 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$92,177
GALLAGHER FIDUCIARY ADVISORS LLC · Pension consulting · Investment advisory (plan)$25,000

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$175,759 · 0.55%
2023$116,200 · 0.45%
2022$110,760 · 0.43%
Same employer
Similar plansRetail Trade · Illinois
Volvo Sales and Service IL$38.4M · 0.32%
Xeris Pharmaceuticals, Inc. IL$35.8M · 0.22%
Rvr Management Company IL$35.4M · 0.41%
R.P. Lumber Co., Inc. IL$34.6M · 0.48%
I3 Group Inc. IL$34.1M · 0.06%
Lakes Venture, LLC IL$33.8M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362131183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.