Plan Ledger DOL Form 5500 · updated monthly

Gordon Brothers Group, LLC401(k)

GORDON BROTHERS PROFIT-SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Gordon Brothers Group, LLC reported $10,581 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,548 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 fell from 0.09% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 377th-largest of 2,726 plans among Massachusetts employers on file, and the 862nd of 4,798 in finance & insurance. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 220 to 384 since 2022.

Plan summary
Net assets, end of year$121,259,407
Participants with balances665
Active participants384
Employer contributions$2,898,435
Employee contributions$5,113,373
Employer contribution per active participant$7,548
Average account balance$182,345
Benefits paid to participants$6,596,171
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$121.3M · 665 accts · $2.9M emplr
2023$101.0M · 608 accts · $2.0M emplr
2022$80.4M · 514 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Investment management$10,581
Total administrative$10,581
The Gordon Brothers Group, LLC 401(k) match · 2024
Employer contribution per active participant$7,548
Median for plans this size$3,635
2024$7,548 per active participant
2023$5,877 per active participant
2022$6,847 per active participant

Gordon Brothers Group, LLC's 2024 employer contribution ran above the $3,635 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$10,581

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

Administrative cost history3
2024$10,581 · 0.01%
2023$44,304 · 0.05%
2022$86,082 · 0.09%
Same employer
Similar plansFinance & Insurance · Massachusetts
The Baupost Group, L.L.C. MA$156.2M · 0.00%
Berkshire Partners LLC MA$122.4M · 0.06%
Bracebridge Capital, LLC MA$119.2M · 0.02%
Income Research & Management MA$117.6M · 0.01%
Cambridge Savings Bank MA$117.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043403041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.