Plan Ledger DOL Form 5500 · updated monthly

Goodmark Nurseries, LLC401(k)

GOODMARK NURSERIES SALARY SAVINGS PLAN · WONDER LAKE, IL · plan year 2022

Reported admin expense ratio · 2022
0.49%

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

Goodmark Nurseries, LLC reported $14,092 in plan administrative expenses for 2022: 0.49% of average plan assets, above the peer median. Employer contributions averaged $886 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (3,296th of 3,702), and 4,660th of 5,337 in construction. In 2022, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,537,925
Participants with balances74
Active participants52
Employer contributions$46,049
Employee contributions$87,213
Employer contribution per active participant$886
Average account balance$34,296
Benefits paid to participants$132,186
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,092
Total administrative$14,092
The Goodmark Nurseries, LLC 401(k) match · 2022
Employer contribution per active participant$886
Median for plans this size$1,114

Goodmark Nurseries, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$14,092 · 0.49%
Similar plansConstruction · Illinois
Horizon Carpentry Inc. IL$3.1M · 0.02%
Christy Webber & Company IL$2.9M · 0.14%
Upland Concrete, Inc. IL$2.3M · 0.58%
Tsr Concrete Coatings LLC IL$1.3M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364447005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.