Plan Ledger DOL Form 5500 · updated monthly

Golden Aluminum, Inc.401(k)

GOLDEN ALUMINUM, INC. 401(K) SAVINGS PLAN · FORT LUPTON, CO · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Golden Aluminum, Inc. reported $37,734 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,734 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 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 690th-largest of 1,461 plans among Colorado employers on file, and 7,647th of 13,661 in manufacturing. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,210,380
Participants with balances234
Active participants189
Employer contributions$516,813
Employee contributions$1,278,510
Employer contribution per active participant$2,734
Average account balance$56,455
Benefits paid to participants$2,701,735
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 234 accts · $517K emplr
2023$12.7M · 214 accts · $400K emplr
2022$11.6M · 247 accts · $432K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,734
Total administrative$37,734
The Golden Aluminum, Inc. 401(k) match · 2024
Employer contribution per active participant$2,734
Median for plans this size$2,416
2024$2,734 per active participant
2023$2,471 per active participant
2022$2,115 per active participant

Golden Aluminum, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,734

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$37,734 · 0.29%
2023$36,231 · 0.30%
2022$36,021 · 0.28%
Same employer
Similar plansManufacturing · Colorado
Power Motive Corporation CO$14.6M · 0.95%
Rocla Concrete Tie, Inc. CO$14.2M · 0.15%
Popsockets LLC CO$14.0M · 0.00%
Advanced Circuits, Inc. CO$13.9M · 0.48%
Leanin' Tree, Inc. CO$12.9M · 0.36%
Ellab, Inc. CO$12.7M · 0.96%
Lewis Bolt & Nut Company CO$12.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760589072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.