Plan Ledger DOL Form 5500 · updated monthly

Good Source Solutions, Inc.401(k)

GOOD SOURCE SOLUTIONS, INC. 401(K) PLAN · CARLSBAD, CA · plan year 2023

Reported admin expense ratio · 2023
0.77%

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

Good Source Solutions, Inc. reported $94,506 in plan administrative expenses for 2023: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $325 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 rose from 0.55% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (4,746th of 9,483), and 2,563rd of 4,246 in wholesale trade. In 2023, employees put in $16.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,042,242
Participants with balances348
Active participants266
Employer contributions$86,326
Employee contributions$1,397,011
Employer contribution per active participant$325
Average account balance$37,478
Benefits paid to participants$1,824,601
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 329 accts · $81K emplr
2023$13.0M · 348 accts · $86K emplr
2022$11.6M · 322 accts · $83K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,022
Investment management$53,484
Total administrative$94,506
The Good Source Solutions, Inc. 401(k) match · 2023
Employer contribution per active participant$325
Median for plans this size$2,440
2024$405 per active participant
2023$325 per active participant
2022$314 per active participant

Good Source Solutions, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ADP, INC. · Loan processing · Recordkeeping$41,022
CREATIVE PLANNING HOLDCO, LLC · Recordkeeping · Trustee$18,037
LOCKTON INVESTMENT ADVISORS, LLC · Recordkeeping · Trustee$17,546
FABER HASS HURLEY LLP · Recordkeeping · Pension consulting$16,400

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

Recordkeeper by year2
2024ADP, CREATIVE PLANNING HOLDCO, LLC, FABER HASS HURLEY LLP
2023ADP, CREATIVE PLANNING HOLDCO, LLC, FABER HASS HURLEY LLP, LOCKTON INVESTMENT ADVISORS, LLC

This plan has changed recordkeepers within these filings. If you left Good Source Solutions, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$85,593 · 0.66%
2023$94,506 · 0.77%
2022$69,505 · 0.55%
Similar plansWholesale Trade · California
West Pak Avocado, Inc. CA$13.2M · 1.15%
Green Rubber-Kennedy AG, LP CA$13.1M · 0.41%
Msi Computer Corp CA$13.1M · 0.23%
Shock Doctor, Inc. CA$13.0M · 0.04%
Daniels Tire Service, Inc. CA$13.0M · 0.64%
Mar-Val Food Store NO1 Inc CA$12.9M · 0.60%
Ocusun, LLC CA$12.9M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330885546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.