Plan Ledger DOL Form 5500 · updated monthly

Goulston Technologies, Inc.401(k)

GOULSTON TECHNOLOGIES, INC 401(K) & DEFINED CTBN RETIREMENT SVGS PLAN · MONROE, NC · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Goulston Technologies, Inc. reported $79,344 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $5,423 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 0.23% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 551st-largest of 2,005 plans among North Carolina employers on file, and the 4,380th of 13,661 in manufacturing. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,978,108
Participants with balances145
Active participants115
Employer contributions$623,639
Employee contributions$695,579
Employer contribution per active participant$5,423
Average account balance$213,642
Benefits paid to participants$4,061,059
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.0M · 145 accts · $624K emplr
2023$30.2M · 145 accts · $583K emplr
2022$28.2M · 150 accts · $606K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,080
Investment management$63,264
Total administrative$79,344
The Goulston Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$5,423
Median for plans this size$2,416
2024$5,423 per active participant
2023$5,300 per active participant
2022$5,091 per active participant

Goulston Technologies, Inc.'s 2024 employer contribution ran above the $2,416 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$16,080
QUANTITATIVE PROCESS, LLC · Investment advisory (plan)$63,264

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$79,344 · 0.26%
2023$76,176 · 0.26%
2022$74,076 · 0.23%
Same employer
Similar plansManufacturing · North Carolina
Premier Magnesia LLC NC$33.0M · 0.10%
Kymera International NC$32.5M · 0.07%
H.W. Culp Lumber Company NC$31.9M · 0.30%
Kurz Transfer Products, LP NC$30.0M · 0.11%
Wilbert, Inc. NC$29.3M · 0.11%
Avl Technologies NC$29.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621341202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.