Plan Ledger DOL Form 5500 · updated monthly

Golden Krust Caribbean Bakery401(k)

GOLDEN KRUST CARIBBEAN BAKERY 401(K) PLAN · BRONX, NY · plan year 2023

Employer contribution per participant · 2023
$1,738

Golden Krust Caribbean Bakery's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $4,310,750 across 96 participant accounts, with employer contributions averaging $1,738 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,618th of 5,648), and 11,577th of 13,661 in manufacturing. In 2023, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,310,750
Participants with balances96
Active participants96
Employer contributions$166,893
Employee contributions$275,584
Employer contribution per active participant$1,738
Average account balance$44,904
Benefits paid to participants$821,831
Plan auditUnmodified (clean) audit opinion
AuditorTHOMPSON & COMPANY, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$4.3M · 96 accts · $167K emplr
2022$4.2M · 100 accts · $167K emplr
The Golden Krust Caribbean Bakery 401(k) match · 2023
Employer contribution per active participant$1,738
Median for plans this size$1,308
2023$1,738 per active participant
2022$1,754 per active participant

Golden Krust Caribbean Bakery's 2023 employer contribution ran above the $1,308 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.

Service providers · 20233
NATIONWIDE · Recordkeeping · Investment advisory (participants)$51,779
INTAC ACTUARIAL SERVICES INC. · Recordkeeping · Loan processing$8,531
KESTRA INVESTMENT SERVICES, LLC · Investment management · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023INTAC ACTUARIAL SERVICES INC., Nationwide

This plan has changed recordkeepers within these filings. If you left Golden Krust Caribbean Bakery 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 history2
2023Not separately reported
2022$12,121 · 0.26%
All plans at this employer2
GOLDEN KRUST CARIBBEAN BAKERY UNION 401(K) PLAN401(k)
GOLDEN KRUST CARIBBEAN BAKERY 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · New York
Ngb Corporation NY$4.6M · 0.09%
Dyna-Empire LLC NY$4.4M · 0.02%
U.S. Dynamics Corp NY$4.4M · 0.40%
Medisca Inc. NY$4.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133502079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.