Plan Ledger DOL Form 5500 · updated monthly

Goldencorr Sheets, LLC401(k)

GOLDENCORR SHEETS, LLC RETIREMENT PLAN · CITY OF INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Goldencorr Sheets, LLC reported $31,246 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $2,353 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 0.35% to 0.37%. 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 California (5,747th of 9,483), and 9,245th of 13,661 in manufacturing. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,962,416
Participants with balances135
Active participants115
Employer contributions$270,588
Employee contributions$592,513
Employer contribution per active participant$2,353
Average account balance$66,388
Benefits paid to participants$733,481
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 135 accts · $271K emplr
2023$7.9M · 135 accts · $263K emplr
2022$6.7M · 134 accts · $260K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,246
Total administrative$31,246
The Goldencorr Sheets, LLC 401(k) match · 2024
Employer contribution per active participant$2,353
Median for plans this size$1,313
2024$2,353 per active participant
2023$2,209 per active participant
2022$2,149 per active participant

Goldencorr Sheets, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$31,246
PRINCIPAL SECURITIES, INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$31,246 · 0.37%
2023$31,104 · 0.43%
2022$25,138 · 0.35%
Similar plansManufacturing · California
Earlens Corporation CA$9.1M · 0.02%
Rocket Lab USA Inc. CA$9.0M · 0.78%
Khuu's Inc. CA$9.0M · 0.01%
Health-Ade LLC CA$9.0M · 0.59%
Rocket Ems, Inc. CA$8.9M · 0.02%
Lambda, Inc. CA$8.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954786393 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.