Plan Ledger DOL Form 5500 · updated monthly

Goodroot, LLC401(k)

GOODROOT, LLC 401(K) PLAN · COLLINSVILLE, CT · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Goodroot, LLC reported $30,256 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $5,298 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 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Connecticut (741st of 1,106), and 7,923rd of 11,654 in professional & technical services. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,245,816
Participants with balances159
Active participants115
Employer contributions$609,242
Employee contributions$975,701
Employer contribution per active participant$5,298
Average account balance$64,439
Benefits paid to participants$1,431,864
Plan auditUnmodified (clean) audit opinion
AuditorCINTRIN COOPERMAN & COMPANY LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,256
Total administrative$30,256
The Goodroot, LLC 401(k) match · 2024
Employer contribution per active participant$5,298
Median for plans this size$1,313

Goodroot, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$24,979
PENSION CONSULTANTS, INC. · Contract administrator$6,170
CAPITAL GROUP RETIREMENT PLAN SERVI$813

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

Administrative cost history1
2024$30,256 · 0.32%
Similar plansProfessional & Technical Services · Connecticut
Media Storm LLC CT$11.2M · 0.53%
Sssh 3, Inc CT$11.2M · 0.38%
Compassmsp, LLC CT$10.1M · 0.10%
Budderfly, Inc. CT$9.3M · 0.60%
Morrow Sodali LLC CT$9.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851797665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.