Plan Ledger DOL Form 5500 · updated monthly

Goldbelt, Incorporated401(k)

GOLDBELT 401(K) PLAN · JUNEAU, AK · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Goldbelt, Incorporated reported $213,040 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,480 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 0.27% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 26th-largest of 160 plans among Alaska employers on file, and the 281st of 2,677 in transportation & warehousing. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 1,504 to 2,106 since 2022.

Plan summary
Net assets, end of year$79,733,034
Participants with balances2,166
Active participants2,106
Employer contributions$5,223,781
Employee contributions$10,227,192
Employer contribution per active participant$2,480
Average account balance$36,811
Benefits paid to participants$14,614,510
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$79.7M · 2,166 accts · $5.2M emplr
2023$67.8M · 1,848 accts · $4.3M emplr
2022$53.5M · 1,728 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,869
Investment management$45,000
Trustee / custodial$32,171
Total administrative$213,040
The Goldbelt, Incorporated 401(k) match · 2024
Employer contribution per active participant$2,480
Median for plans this size$3,635
2024$2,480 per active participant
2023$2,434 per active participant
2022$2,270 per active participant

Goldbelt, Incorporated's 2024 employer contribution ran below the $3,635 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.

Service providers · 20243
NWPS · Recordkeeping · Consulting$135,869
KESTRA ADVISORY SERVICES, LLC · Consulting · Investment advisory (participants)$45,000
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)$32,171

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

Recordkeeper by year2
2024NWPS
2023NWPS

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Administrative cost history3
2024$213,040 · 0.29%
2023$196,005 · 0.32%
2022$152,026 · 0.27%
Same employer
Similar plansTransportation & Warehousing · Alaska
Tlp Management Services LLC CO$79.8M · 0.09%
Accosys, Inc. KS$78.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920045465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.