Plan Ledger DOL Form 5500 · updated monthly

Golden Corral Corporation401(k)

RETIREMENT SAVINGS PLAN OF GOLDEN CORRAL CORPORATION · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Golden Corral Corporation reported $26,213 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,473 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 fell from 0.26% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 797th-largest of 2,005 plans among North Carolina employers on file, and 464th of 786 in management of companies. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has shrunk from 122 to 83 since 2022.

Plan summary
Net assets, end of year$17,257,616
Participants with balances151
Active participants83
Employer contributions$205,292
Employee contributions$412,078
Employer contribution per active participant$2,473
Average account balance$114,289
Benefits paid to participants$1,093,652
Plan auditUnmodified (clean) audit opinion
AuditorSHARPE PATEL
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 151 accts · $205K emplr
2023$15.5M · 162 accts · $156K emplr
2022$13.5M · 215 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,713
Total administrative$26,213
The Golden Corral Corporation 401(k) match · 2024
Employer contribution per active participant$2,473
Median for plans this size$2,416
2024$2,473 per active participant
2023$1,862 per active participant
2022$1,145 per active participant

Golden Corral Corporation'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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$25,713

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$26,213 · 0.16%
2023$23,206 · 0.16%
2022$39,077 · 0.26%
Same employer
Similar plansManagement of Companies · North Carolina
Mercalis Inc NC$69.2M · 0.34%
Reged, Inc. NC$37.3M · 0.19%
Murphy Family Ventures, LLC NC$32.5M · 0.28%
Winwood Hospitality Group NC$472K · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561005071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.