Plan Ledger DOL Form 5500 · updated monthly

Golden Brother, Inc. / Golden Technologies401(k)

GOLDEN TECHNOLOGIES 401(K) PLAN · OLD FORGE, PA · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Golden Brother, Inc. / Golden Technologies reported $74,845 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $469 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 0.94% to 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,519th of 3,651), and 9,646th of 13,661 in manufacturing. In 2024, employees put in $2.96 for every $1.00 the employer contributed; active participation has grown from 173 to 286 since 2022.

Plan summary
Net assets, end of year$8,058,950
Participants with balances229
Active participants286
Employer contributions$134,146
Employee contributions$397,344
Employer contribution per active participant$469
Average account balance$35,192
Benefits paid to participants$463,426
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 229 accts · $134K emplr
2023$7.0M · 222 accts · $128K emplr
2022$6.0M · 227 accts · $123K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,845
Total administrative$74,845
The Golden Brother, Inc. / Golden Technologies 401(k) match · 2024
Employer contribution per active participant$469
Median for plans this size$1,313
2024$469 per active participant
2023$462 per active participant
2022$710 per active participant

Golden Brother, Inc. / Golden Technologies'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
JACOBI CAPITAL MANAGEMENT LLC · Investment advisory (participants)$34,644

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$74,845 · 0.99%
2023$62,902 · 0.96%
2022$62,224 · 0.94%
Similar plansManufacturing · Pennsylvania
Viwinco, Inc. PA$8.2M · 0.08%
Superbolt Inc PA$8.2M · 0.31%
Leclerc Foods USA, Inc. PA$8.1M · 0.54%
Chester a Asher Inc PA$8.0M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232369735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.