Plan Ledger DOL Form 5500 · updated monthly

The Goodman-Gable-Gould CompanyProfit-sharing plan

THE GOODMAN-GABLE-GOULD COMPANY PROFIT SHARING PLAN AND TRUST · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

The Goodman-Gable-Gould Company reported $46,789 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $2,232 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 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Maryland (984th of 1,671), and 3,966th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$10,177,356
Participants with balances143
Active participants112
Employer contributions$250,000
Employee contributions—
Employer contribution per active participant$2,232
Average account balance$71,170
Benefits paid to participants$178,544
Plan auditUnmodified (clean) audit opinion
AuditorGORFINE, SCHILLER & GARDYN, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 143 accts · $250K emplr
2023$9.8M · 131 accts · $250K emplr
2022$8.8M · 131 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,775
Total administrative$46,789
Employer contributions to the The Goodman-Gable-Gould Company plan · 2024
Employer contribution per active participant$2,232
Median for plans this size$1,313
2024$2,232 per active participant
2023$2,174 per active participant
2022$2,336 per active participant

The Goodman-Gable-Gould Company's 2024 employer contribution ran above the $1,313 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 · 20242
MORGAN STANLEY · Investment advisory (plan)$21,774
WILEN MANAGEMENT CO., INC. · Investment managementindirect comp

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$46,789 · 0.47%
2023$40,756 · 0.44%
2022$39,536 · 0.45%
Similar plansFinance & Insurance · Maryland
Trend Health Partners, LLC MD$10.9M · 0.06%
Employee Navigator LLC MD$7.9M · 0.10%
Health Prime Aln, LLC MD$7.1M · 0.91%
Kdp Investments, LLC MD$7.0M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 520330575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.