Plan Ledger DOL Form 5500 · updated monthly

Gosnold, Inc.403(b)

GOSNOLD, INC. RETIREMENT SAVINGS PLAN · FALMOUTH, MA · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Gosnold, Inc. reported $71,347 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $410 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 rose from 0.51% to 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,024th of 2,726), and 6,325th of 11,911 in health care & social assistance. In 2024, employees put in $5.56 for every $1.00 the employer contributed; active participation has shrunk from 343 to 304 since 2022.

Plan summary
Net assets, end of year$8,300,374
Participants with balances162
Active participants304
Employer contributions$124,695
Employee contributions$693,455
Employer contribution per active participant$410
Average account balance$51,237
Benefits paid to participants$1,350,903
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 162 accts · $125K emplr
2023$7.9M · 180 accts · $149K emplr
2022$7.4M · 191 accts · $147K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,347
Total administrative$71,347
Employer contributions to the Gosnold, Inc. plan · 2024
Employer contribution per active participant$410
Median for plans this size$1,313
2024$410 per active participant
2023$491 per active participant
2022$429 per active participant

Gosnold, Inc.'s 2024 employer contribution ran below the $1,313 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.

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 · 20244
MMA SECURITIES LLC · Investment advisory (plan)$23,983
COMPASS 360 · Contract administrator$4,800
EMPOWER ADVISORY GROUP, LLC · Investment management$2,274

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$71,347 · 0.88%
2023$41,036 · 0.53%
2022$39,870 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
People, Incorporated MA$8.6M · 0.03%
Lifeworks, Inc. MA$8.3M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042502970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.