Plan Ledger DOL Form 5500 · updated monthly

Goodbuy Gear, Inc.401(k)

GOODBUY GEAR, INC. 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.57%

Goodbuy Gear, Inc. reported $2,997 in plan administrative expenses for 2024: 0.57% of average plan assets, below the peer median. 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 1 year on file its reported administrative ratio rose from 0.11% to 0.57%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Colorado (1,392nd of 1,461), and 5,054th of 5,215 in retail trade.

Plan summary
Net assets, end of year$581,995
Participants with balances46
Active participants43
Employer contributions—
Employee contributions$103,299
Employer contribution per active participant—
Average account balance$12,652
Benefits paid to participants$42,795
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$582K · 46 accts
2023$463K · 102 accts
Administrative expenses, itemized · 2024
Investment management$2,997
Total administrative$2,997
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.

Administrative cost history2
2024$2,997 · 0.57%
2023$493 · 0.11%
Similar plansRetail Trade · Colorado
Guiry's Inc. CO$1.2M · 1.35%
Wsh Parent Fitness LLC CO$751K · 0.67%
Trifecta Medical LLC CO$256K · 2.68%
Donut Holdings Inc CO$51K · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820707594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.