Plan Ledger DOL Form 5500 · updated monthly

Gould Paper Corporation401(k)

GOULD PAPER CORPORATION EMPLOYEES' PROFIT SHARING AND RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Gould Paper Corporation reported $136,514 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $3,196 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 0.35% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,401st-largest of 5,648 plans among New York employers on file, and the 860th of 4,246 in wholesale trade. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has shrunk from 321 to 206 since 2022.

Plan summary
Net assets, end of year$48,009,209
Participants with balances302
Active participants206
Employer contributions$658,471
Employee contributions$1,565,941
Employer contribution per active participant$3,196
Average account balance$158,971
Benefits paid to participants$5,854,609
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.0M · 302 accts · $658K emplr
2023$45.9M · 323 accts · $719K emplr
2022$40.5M · 322 accts · $744K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,514
Total administrative$136,514
The Gould Paper Corporation 401(k) match · 2024
Employer contribution per active participant$3,196
Median for plans this size$2,416
2024$3,196 per active participant
2023$2,672 per active participant
2022$2,318 per active participant

Gould Paper Corporation's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

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$136,514 · 0.29%
2023$105,990 · 0.25%
2022$153,098 · 0.35%
Same employer
Similar plansWholesale Trade · New York
Kiss Nail Products, Inc. NY$56.7M · 0.40%
Sid Harvey Industries, Inc. NY$49.0M · 0.02%
Empire Merchants North, LLC NY$48.5M · 0.20%
Hop Energy, LLC NY$47.0M · 0.15%
Nic Holding Corp. NY$46.5M · 0.12%
Clarins USA, Inc. NY$46.5M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 131547307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.