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
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
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.