Plan Ledger DOL Form 5500 · updated monthly

Goldberg Segalla LLP401(k)

GOLDBERG SEGALLA RETIREMENT SAVINGS PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Goldberg Segalla LLP reported $240,303 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $2,659 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 0.05% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 719th-largest of 5,648 plans among New York employers on file, and the 1,352nd of 11,654 in professional & technical services. In 2024, employees put in $3.38 for every $1.00 the employer contributed; active participation has grown from 823 to 922 since 2022.

Plan summary
Net assets, end of year$112,447,833
Participants with balances1,133
Active participants922
Employer contributions$2,451,731
Employee contributions$8,297,704
Employer contribution per active participant$2,659
Average account balance$99,248
Benefits paid to participants$12,247,232
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$112.4M · 1,133 accts · $2.5M emplr
2023$97.1M · 1,121 accts · $2.5M emplr
2022$78.2M · 1,089 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,972
Investment management$81,081
Audit (IQPA)$23,250
Total administrative$240,303
The Goldberg Segalla LLP 401(k) match · 2024
Employer contribution per active participant$2,659
Median for plans this size$3,635
2024$2,659 per active participant
2023$2,908 per active participant
2022$3,043 per active participant

Goldberg Segalla LLP'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$135,972
MORGAN STANLEY GLOBAL · Investment advisory (plan)$81,081
FREED MAXICK CPAS, PC · Investment advisory (plan)$23,250

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$240,303 · 0.23%
2023$161,458 · 0.18%
2022$41,132 · 0.05%
Same employer
Similar plansProfessional & Technical Services · New York
Par Technology Corporation NY$114.0M · 0.20%
Cls Bank International NY$113.7M · 0.08%
Geller & Company LLC NY$112.7M · 0.04%
Allen & Overy LLP NY$111.0M · 0.11%
Roux Associates, Inc. NY$109.6M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 161603155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.