Plan Ledger DOL Form 5500 · updated monthly

Goodleap, LLC401(k)

GOODLEAP, LLC 401(K) PLAN · ROSEVILLE, CA · plan year 2024

Employer contribution per participant · 2024
$317

Goodleap, LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $49,178,107 across 1,349 participant accounts, with employer contributions averaging $317 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.09% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,781st-largest of 9,483 plans among California employers on file, and the 1,691st of 4,798 in finance & insurance. In 2024, employees put in $21.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,178,107
Participants with balances1,349
Active participants1,147
Employer contributions$363,483
Employee contributions$7,941,659
Employer contribution per active participant$317
Average account balance$36,455
Benefits paid to participants$3,656,430
Plan auditUnmodified (clean) audit opinion
AuditorRICHEY MAY & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$49.2M · 1,349 accts · $363K emplr
2023$38.0M · 1,502 accts
2022$29.2M · 1,473 accts · $7K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$281,843
Investment management$40,191
Audit (IQPA)$10,500
Total administrative-$48,100
The Goodleap, LLC 401(k) match · 2024
Employer contribution per active participant$317
Median for plans this size$2,416
2024$317 per active participant
2022$7 per active participant

Goodleap, 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.

Service providers · 20244
PENTEGRA SERVICES INC. · Contract administrator$90,008
MORGAN STANLEY · Investment advisory (plan)$40,191
RICHEY MAY & CO LLP · Accounting / audit$10,500

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

Administrative cost history3
2024Not separately reported
2023$7,913 · 0.02%
2022$26,776 · 0.09%
Same employer
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Healthcomp, LLC CA$51.3M · 0.55%
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Bank of the Sierra CA$48.7M · 0.38%
Crescent Capital Group LP CA$48.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470912342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.