Plan Ledger DOL Form 5500 · updated monthly

The Recon Group, dba Gotrg401(k)

GOTRG 401(K) PLAN · MIAMI, FL · plan year 2023

Reported admin expense ratio · 2023
2.36%

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

The Recon Group, dba Gotrg reported $40,015 in plan administrative expenses for 2023: 2.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $563 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 1 year on file its reported administrative ratio fell from 2.54% to 2.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Florida (3,117th of 3,644), and 2,088th of 2,199 in information & media. In 2023, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,974,589
Participants with balances165
Active participants357
Employer contributions$200,983
Employee contributions$505,121
Employer contribution per active participant$563
Average account balance$11,967
Benefits paid to participants$422,900
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT ADVISORS
Plan history2
Yearassets · accounts · employer contribution
2023$2.0M · 165 accts · $201K emplr
2022$1.4M · 238 accts · $176K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,173
Investment management$3,921
Total administrative$40,015
The The Recon Group, dba Gotrg 401(k) match · 2023
Employer contribution per active participant$563
Median for plans this size$1,308
2023$563 per active participant
2022$431 per active participant

The Recon Group, dba Gotrg's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$32,172
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$7,832

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

Administrative cost history2
2023$40,015 · 2.36%
2022$33,230 · 2.54%
Similar plansInformation & Media · Florida
Insite Capital LLC FL$2.8M · 1.24%
The Recon Group LLP FL$2.5M · 1.66%
Transworld Network Corp. FL$2.2M · 0.02%
Ecomsystems, LLC FL$830K · 0.62%
Elite Metro Corp. FL$17K · 1.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753267400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.