Plan Ledger DOL Form 5500 · updated monthly

Golden Artist Colors, Inc.401(k)

GOLDEN ARTIST COLORS, INC. 401K PROFIT SHARING · NEW BERLIN, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Golden Artist Colors, Inc. reported $9,140 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,326 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 0.027% to 0.035%. 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 2,024th-largest of 5,648 plans among New York employers on file, and the 4,659th of 13,661 in manufacturing. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,528,065
Participants with balances274
Active participants207
Employer contributions$481,495
Employee contributions$1,168,257
Employer contribution per active participant$2,326
Average account balance$104,117
Benefits paid to participants$1,959,842
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP, CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 274 accts · $481K emplr
2023$24.2M · 264 accts · $467K emplr
2022$19.3M · 277 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,200
Investment management$4,440
Total administrative$9,140
The Golden Artist Colors, Inc. 401(k) match · 2024
Employer contribution per active participant$2,326
Median for plans this size$2,416
2024$2,326 per active participant
2023$2,205 per active participant
2022$2,034 per active participant

Golden Artist Colors, Inc.'s 2024 employer contribution ran below 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

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$9,140 · 0.03%
2023$8,525 · 0.04%
2022$6,012 · 0.03%
All plans at this employer2
GOLDEN ARTIST COLORS, INC. 401K PROFIT SHARING401(k)
GOLDEN ARTIST COLORS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · New York
Pubworx Services LLC NY$29.0M · 0.01%
Salient Corporation NY$28.3M · 0.04%
Evensonbest, LLC NY$28.1M · 0.06%
Kearney-National Inc. NY$27.5M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222309658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.