Plan Ledger DOL Form 5500 · updated monthly

Golftec Management LLC401(k)

GOLFTEC 401(K) PLAN · ENGLEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Golftec Management LLC reported $181,029 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $980 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 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 376th-largest of 1,461 plans among Colorado employers on file, and the 1,297th of 3,091 in educational services. In 2024, employees put in $4.88 for every $1.00 the employer contributed; active participation has grown from 733 to 849 since 2022.

Plan summary
Net assets, end of year$29,797,006
Participants with balances972
Active participants849
Employer contributions$832,190
Employee contributions$4,061,273
Employer contribution per active participant$980
Average account balance$30,655
Benefits paid to participants$2,420,427
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.8M · 972 accts · $832K emplr
2023$23.4M · 901 accts · $752K emplr
2022$16.4M · 873 accts · $696K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$181,029
Total administrative$181,029
The Golftec Management LLC 401(k) match · 2024
Employer contribution per active participant$980
Median for plans this size$2,416
2024$980 per active participant
2023$938 per active participant
2022$949 per active participant

Golftec Management LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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$181,028
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (participants) · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$181,029 · 0.68%
2023$132,298 · 0.67%
2022$105,088 · 0.65%
Same employer
Similar plansEducational Services · Colorado
Kent Denver School CO$52.3M · 0.04%
Graland Country Day School CO$45.3M · 0.01%
Rocky Vista University, LLC CO$26.1M · 0.55%
Denver Academy, Inc. CO$23.0M · 0.07%
Iliff School of Theology CO$22.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261545931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.