Plan Ledger DOL Form 5500 · updated monthly

Golden Key Group, Inc.401(k)

GOLDEN KEY GROUP 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Golden Key Group, Inc. reported $48,168 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,083 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 0.60% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,401st of 2,266), and 7,720th of 11,654 in professional & technical services. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has shrunk from 275 to 214 since 2022.

Plan summary
Net assets, end of year$10,909,400
Participants with balances239
Active participants214
Employer contributions$445,740
Employee contributions$1,141,193
Employer contribution per active participant$2,083
Average account balance$45,646
Benefits paid to participants$1,815,555
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEWS, CARTER & BOYCE, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 239 accts · $446K emplr
2023$9.9M · 267 accts · $559K emplr
2022$9.2M · 294 accts · $647K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,158
Investment management$18,010
Total administrative$48,168
The Golden Key Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,083
Median for plans this size$2,416
2024$2,083 per active participant
2023$2,714 per active participant
2022$2,353 per active participant

Golden Key Group, 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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$30,158
CAPITAL GROUP INVESTMENT SERVICES · Investment advisory (plan)$18,010

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

Recordkeeper by year2
2024John Hancock
2023ADP, John Hancock, KESTRA ADVISORY SERVICES

This plan has changed recordkeepers within these filings. If you left Golden Key Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,168 · 0.46%
2023$45,388 · 0.48%
2022$62,910 · 0.60%
Same employer
Similar plansProfessional & Technical Services · Virginia
Zolon Tech, Inc VA$11.0M · 0.98%
St. Michael's, Inc. VA$10.8M · 0.48%
Pal-Tech, Inc. VA$10.8M · 0.04%
Ocean Associates, Inc. VA$10.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364497472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.