Plan Ledger DOL Form 5500 · updated monthly

Golub Capital LLC401(k)

GOLUB CAPITAL LLC 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Golub Capital LLC reported $60,424 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,327 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 0.035%. 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 350th-largest of 3,702 plans among Illinois employers on file, and the 590th of 4,798 in finance & insurance. In 2024, employees put in $3.81 for every $1.00 the employer contributed; active participation has grown from 714 to 1,006 since 2022.

Plan summary
Net assets, end of year$193,447,658
Participants with balances1,037
Active participants1,006
Employer contributions$5,359,398
Employee contributions$20,407,335
Employer contribution per active participant$5,327
Average account balance$186,545
Benefits paid to participants$9,233,653
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$193.4M · 1,037 accts · $5.4M emplr
2023$147.4M · 904 accts · $4.6M emplr
2022$101.7M · 778 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,572
Investment management$14,852
Total administrative$60,424
The Golub Capital LLC 401(k) match · 2024
Employer contribution per active participant$5,327
Median for plans this size$3,635
2024$5,327 per active participant
2023$5,537 per active participant
2022$5,113 per active participant

Golub Capital LLC's 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,672
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$14,852

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$60,424 · 0.04%
2023$29,548 · 0.02%
2022$35,652 · 0.04%
Same employer
Similar plansFinance & Insurance · Illinois
Harris Associates L.P. IL$209.1M · 0.02%
Hightower Holding, LLC IL$206.7M · 0.01%
Wolverine Trading, LLC IL$181.0M · 0.00%
Antares Capital LP IL$175.5M · 0.00%
Bdt Capital Partners, LLC IL$168.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205683269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.