Plan Ledger DOL Form 5500 · updated monthly

Goldentree Asset Management, LP401(k)

GOLDENTREE ASSET MANAGEMENT RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Goldentree Asset Management, LP reported $112,522 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $8,920 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 3 years on file its reported administrative ratio has held roughly steady near 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 996th-largest of 5,648 plans among New York employers on file, and the 1,234th of 4,798 in finance & insurance. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 249 to 282 since 2022.

Plan summary
Net assets, end of year$75,285,357
Participants with balances454
Active participants282
Employer contributions$2,515,539
Employee contributions$5,294,280
Employer contribution per active participant$8,920
Average account balance$165,827
Benefits paid to participants$5,465,087
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.3M · 454 accts · $2.5M emplr
2023$62.0M · 424 accts
2022$52.1M · 404 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,295
Investment management$56,227
Total administrative$112,522
The Goldentree Asset Management, LP 401(k) match · 2024
Employer contribution per active participant$8,920
Median for plans this size$3,635

Goldentree Asset Management, LP's 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$56,295
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$50,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,227

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$112,522 · 0.16%
2023$93,779 · 0.16%
2022$98,208 · 0.17%
Same employer
Similar plansFinance & Insurance · New York
Maxim Group, LLC NY$78.0M · 0.16%
Orbimed Advisors, L.L.C. NY$76.4M · 0.01%
Glencore LTD. NY$75.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134118850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.