Plan Ledger DOL Form 5500 · updated monthly

Goldberg Companies, Inc.401(k)

GOLDBERG COMPANIES, INC. 401(K) PLAN · BEACHWOOD, OH · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Goldberg Companies, Inc. reported $88,162 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $638 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 3 years on file its reported administrative ratio has held roughly steady near 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Ohio (1,708th of 3,295), and the 922nd of 2,096 in real estate & leasing. In 2024, employees put in $5.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,388,051
Participants with balances317
Active participants262
Employer contributions$167,221
Employee contributions$993,873
Employer contribution per active participant$638
Average account balance$42,234
Benefits paid to participants$874,897
Plan auditUnmodified (clean) audit opinion
AuditorCIUNI & PANICHI
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 317 accts · $167K emplr
2023$11.5M · 356 accts · $173K emplr
2022$9.2M · 468 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,031
Investment management$45,131
Total administrative$88,162
The Goldberg Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$638
Median for plans this size$2,416
2024$638 per active participant
2023$656 per active participant
2022$529 per active participant

Goldberg Companies, 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 · 20243
CAMBRIDGE INVESTMENT RESEARCH INC · Investment advisory (plan)$41,490
EMPOWER ADVISORY GROUP, LLC · Investment management$3,641

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$88,162 · 0.71%
2023$73,758 · 0.71%
2022$71,178 · 0.69%
Same employer
Similar plansReal Estate & Leasing · Ohio
Irg Realty Advisors, LLC OH$17.8M · 0.43%
Dhg Inc. OH$14.9M · 0.09%
Vinebrook Homes, LLC OH$14.6M · 0.65%
A & a Safety, Inc. OH$12.6M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340754969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.