Plan Ledger DOL Form 5500 · updated monthly

Good Place Holdings Co.401(k)

GOOD PLACE HOLDINGS CO. RETIREMENT PLAN · TALLMADGE, OH · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Good Place Holdings Co. reported $87,566 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,586 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 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,138th-largest of 3,295 plans among Ohio employers on file, and the 4,820th of 11,654 in professional & technical services. In 2024, employees put in $3.61 for every $1.00 the employer contributed; active participation has grown from 261 to 295 since 2022.

Plan summary
Net assets, end of year$24,625,111
Participants with balances345
Active participants295
Employer contributions$467,727
Employee contributions$1,689,765
Employer contribution per active participant$1,586
Average account balance$71,377
Benefits paid to participants$2,966,216
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 345 accts · $468K emplr
2023$22.9M · 327 accts · $424K emplr
2022$21.8M · 322 accts · $411K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,257
Investment management$59,309
Total administrative$87,566
The Good Place Holdings Co. 401(k) match · 2024
Employer contribution per active participant$1,586
Median for plans this size$2,416
2024$1,586 per active participant
2023$1,605 per active participant
2022$1,574 per active participant

Good Place Holdings Co.'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 · 20242
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$59,309
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,257

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$87,566 · 0.37%
2023$84,007 · 0.38%
2022$93,695 · 0.39%
Same employer
Similar plansProfessional & Technical Services · Ohio
Maloney & Novotny LLC OH$24.9M · 0.27%
Karpinski Engineering, Inc. OH$24.8M · 0.34%
Revlocal, LLC OH$24.0M · 0.40%
Landrum and Brown, Inc. OH$23.9M · 0.23%
Process Plus, LLC OH$23.8M · 0.18%
Steed Hammond Paul, Inc. OH$23.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475470978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.