Plan Ledger DOL Form 5500 · updated monthly

Goldberg Lindsay & Co. LLC401(k)

GOLDBERG LINDSAY & CO. LLC 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Goldberg Lindsay & Co. LLC reported $82,816 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $31,339 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 0.25% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,171st-largest of 5,648 plans among New York employers on file, and the 1,427th of 4,798 in finance & insurance. In 2024, the employer put in $1.52 for every $1.00 employees contributed themselves; active participation has shrunk from 88 to 57 since 2022.

Plan summary
Net assets, end of year$61,828,690
Participants with balances134
Active participants57
Employer contributions$1,786,345
Employee contributions$1,174,584
Employer contribution per active participant$31,339
Average account balance$461,408
Benefits paid to participants$11,417,615
Plan auditUnmodified (clean) audit opinion
AuditorRUSSON JOHNSTON CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$61.8M · 134 accts · $1.8M emplr
2023$59.9M · 145 accts · $1.7M emplr
2022$53.7M · 142 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,116
Investment management$62,500
Total administrative$82,816
The Goldberg Lindsay & Co. LLC 401(k) match · 2024
Employer contribution per active participant$31,339
Median for plans this size$3,635
2024$31,339 per active participant
2023$19,482 per active participant

Goldberg Lindsay & Co. LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
NEWPORT CAPITAL GROUP · Investment advisory (plan)$62,500
PENSION ASSURANCE LLP · Consulting$14,200
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,116

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$82,816 · 0.14%
2023$156,205 · 0.28%
2022$146,557 · 0.25%
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Source: U.S. Department of Labor, Form 5500 series, EIN 134164879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.