Plan Ledger DOL Form 5500 · updated monthly

The Goldman Sachs Group, Inc.401(k)

THE GOLDMAN SACHS 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

The Goldman Sachs Group, Inc. reported $16,117,465 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,403 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 3 years on file its reported administrative ratio has held roughly steady near 0.13%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 5th-largest of 5,648 plans among New York employers on file, and the 9th of 4,798 in finance & insurance. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,758,136,879
Participants with balances48,807
Active participants23,891
Employer contributions$200,759,266
Employee contributions$350,720,176
Employer contribution per active participant$8,403
Average account balance$261,400
Benefits paid to participants$905,713,208
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8B · 48,807 accts · $200.8M emplr
2023$11.3B · 48,116 accts · $206.9M emplr
2022$9.6B · 47,609 accts · $212.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$835,532
Investment management$14,994,105
Audit (IQPA)$218,439
Trustee / custodial$282
Total administrative$16,117,465
The The Goldman Sachs Group, Inc. 401(k) match · 2024
Employer contribution per active participant$8,403
Median for plans this size$5,259
2024$8,403 per active participant
2023$8,907 per active participant
2022$8,533 per active participant

The Goldman Sachs Group, Inc.'s 2024 employer contribution ran above the $5,259 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 · 202412
ALIGHT SOLUTIONS LLC · Recordkeeping$835,532
WELLINGTON MANAGEMENT COMPANY LLP · Investment management$3,347,480
J.P.MORGAN INVESTMENT MGMT INC. · Investment advisory (plan) · Investment management$2,633,677
BLACKROCK INST TR COMPANY NA · Trustee · Trustee (discretionary)$2,030,058
VICTORY CAPITAL · Investment management$1,728,596
ARTISAN PARTNERS LTD. PARTNERSHIP · Investment management$1,195,174
DIAMOND HILL CAPITAL MANAGEMENT INC · Investment management$1,061,502
HARDING LOEVNER LP · Investment management$921,793
PIMCO · Investment management$911,746
CENTERSQUARE INVESTMENT MANAGEMENT · Investment management$815,518
PRICEWATERHOUSECOOPERS LLP · Accounting / audit$206,032
BANK OF NEW YORK MELLON CORPORATION · Custodial (securities) · Trustee$184,729

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

Recordkeeper by year2
2024Alight
2023Alight

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

Administrative cost history3
2024$16,117,465 · 0.13%
2023$14,915,475 · 0.14%
2022$14,220,640 · 0.14%
Similar plansFinance & Insurance · New York
The Cigna Group PA$14.1B · 0.02%
U.S. Bancorp MN$13.0B · 0.04%
Edward D. Jones & Co., L.P. MO$12.4B · 0.01%
Ath Holding Company, LLC IN$12.1B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134019460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.