Plan Ledger DOL Form 5500 · updated monthly

Golden Age, Inc.401(k)

403(B) THRIFT PLAN OF GOLDEN AGE, INC. · GREENWOOD, MS · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Golden Age, Inc. reported $119 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $344 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 0.00% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Mississippi (310th of 367), and 9,832nd of 11,911 in health care & social assistance. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,260,574
Participants with balances134
Active participants247
Employer contributions$85,025
Employee contributions$191,803
Employer contribution per active participant$344
Average account balance$16,870
Benefits paid to participants$257,579
Plan auditUnmodified (clean) audit opinion
AuditorBFMW GROUP, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 134 accts · $85K emplr
2023$2.1M · 150 accts · $95K emplr
2022$1.9M · 169 accts · $78K emplr
The Golden Age, Inc. 401(k) match · 2024
Employer contribution per active participant$344
Median for plans this size$1,313
2024$344 per active participant
2023$368 per active participant
2022$300 per active participant

Golden Age, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$180

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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Administrative cost history3
2024$119 · 0.01%
2023$796 · 0.04%
2022$83 · 0.00%
All plans at this employer2
401(A) THRIFT PLAN OF GOLDEN AGE, INC.401(k)
403(B) THRIFT PLAN OF GOLDEN AGE, INC.401(k)
Same employer
Similar plansHealth Care & Social Assistance · Mississippi
Sentrycare, Inc. MS$2.7M · 0.56%
Daniel Health Care, Inc. MS$2.6M · 0.29%
Trend Consultants, LLC MS$2.0M · 2.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640339632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.