Plan Ledger DOL Form 5500 · updated monthly

Goldman Equipment L.L.C.401(k)

GOLDMAN & ASSOCIATED COMPANIES EMPLOYEES PROFIT SHARING PLAN & TRUST · WEST MONROE, LA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Goldman Equipment L.L.C. reported $89,328 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,445 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 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 308th-largest of 884 plans among Louisiana employers on file, and 2,240th of 4,246 in wholesale trade. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,290,401
Participants with balances214
Active participants186
Employer contributions$454,702
Employee contributions$737,340
Employer contribution per active participant$2,445
Average account balance$76,123
Benefits paid to participants$2,651,868
Plan auditUnmodified (clean) audit opinion
AuditorSILAS SIMMONS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 214 accts · $455K emplr
2023$15.8M · 210 accts · $484K emplr
2022$15.6M · 237 accts · $463K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,800
Investment management$32,528
Total administrative$89,328
The Goldman Equipment L.L.C. 401(k) match · 2024
Employer contribution per active participant$2,445
Median for plans this size$2,416
2024$2,445 per active participant
2023$2,470 per active participant
2022$2,376 per active participant

Goldman Equipment L.L.C.'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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp
SECOND LINE CAPITAL, LLC · Investment advisory (participants)$32,527

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
2023John Hancock

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

Administrative cost history3
2024$89,328 · 0.56%
2023$87,250 · 0.56%
2022$90,091 · 0.54%
Same employer
Similar plansWholesale Trade · Louisiana
Whitco Supply, LLC LA$21.4M · 0.71%
Solar Supply, LLC LA$19.3M · 0.25%
Agi Industries, Inc. LA$18.6M · 0.29%
Southwest Beverage Co. Inc. LA$15.7M · 0.02%
Lard Oil Co. LA$14.3M · 0.42%
Connector Specialists Inc LA$12.0M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720968256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.