Plan Ledger DOL Form 5500 · updated monthly

Goldmark Property Management, Inc.401(k)

GOLDMARK PROPERTY MANAGEMENT 401(K) PLAN · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Goldmark Property Management, Inc. reported $50,848 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,663 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 0.41% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 122nd-largest of 279 plans among North Dakota employers on file, and the 691st of 2,096 in real estate & leasing. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 266 to 349 since 2022.

Plan summary
Net assets, end of year$19,283,624
Participants with balances281
Active participants349
Employer contributions$580,538
Employee contributions$909,417
Employer contribution per active participant$1,663
Average account balance$68,625
Benefits paid to participants$1,576,521
Plan auditUnmodified (clean) audit opinion
AuditorWIDMER ROEL PC
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 281 accts · $581K emplr
2023$16.7M · 269 accts · $489K emplr
2022$14.0M · 269 accts · $503K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,848
Total administrative$50,848
The Goldmark Property Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,663
Median for plans this size$2,416
2024$1,663 per active participant
2023$1,577 per active participant
2022$1,892 per active participant

Goldmark Property Management, 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 · 20241
BELL BANK · Accounting / audit · Recordkeeping$50,848

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

Recordkeeper by year2
2024BELL BANK
2023BELL BANK

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

Administrative cost history3
2024$50,848 · 0.28%
2023$64,149 · 0.42%
2022$65,776 · 0.41%
Same employer
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Centerspace, LP ND$26.5M · 0.19%
The Title Team Co ND$25.3M · 0.45%
Fairsquare, Inc. CA$19.4M · 0.59%
South Oxford Management LLC TX$19.3M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450369562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.