PlanOptica
Retirement plan

THE 401(K) SAVINGS PLAN

THE GOLDMAN SACHS GROUP, INC.EIN 13-4019460Plan #003PY 2016
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200 WEST STREET - NEW YORK, NY 10282917-343-5122LinkedIn10001+ employeesfinancial services
Other plans on this EIN
2 filings
#001Retirement-$6.87B assets#002Retirement-$563.6M assets
Prospect flagsHigh feesLow assets / participantFailed to transmit contributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(917) 343-5122
Plan administrator entity
THE ADMINISTRATIVE COMMITTEE TO THE 401(K) SAVINGS PLAN
EIN 134019460
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Summary metrics

Total assets (EOY)
$1.3M
+20.5% from 2017
Total participants
39
0.0% from 2017
Average account balance
$34,254
+20.5% from 2017
Annual return
3.20%
-9.64 pp from 2017

Benchmarks

See 155 peers
Peer group
Industry52 - Finance and Insurance
Plan typeDefined contribution
Cohort155 peers
Snapshot2016
Participant deferral / active EE
$0
median $4,865
Employer contribution / active EE
$0
median $3,300
Participation rate
0.0%
median 90.0%
Avg account balance
$34,254
median $102,311
Admin fee / account holder
$393
median $1,097
Annual return
3.20%
median 5.38%
Overall peer rank
29th percentileavg across 6 metrics

Analytics

2016 - 2024
Total assets (EOY)
Plan-year ending balance
$3.77M
Average account balance
Total assets / participants with a balance (line 6g)
$54K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
70
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
53.4%
Contributions (total)
Employer and participant dollars contributed each year
$25K
Contributions per participant
Average employer and participant contribution per enrolled participant
$7K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+23.70%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$15493
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 1 by compensation
ProviderService typeCompensation
FIDELITY INV. INST. OPERATIONS CO.1+ years
Service code 60 · EIN 04-2647786
Sub-TA Fees
$20,945

Top hat statement on fileNQDC

Filed February 7, 2005 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3F3H
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3D
    Pre-approved pension plan
    A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped
  • OpportunityHigh fees

    Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

  • OpportunityLow assets / participant

    Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

  • ComplianceFailed to transmit contributions

    Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II
Admin total
$15K
  • Other / not subdivided$15K100.0%
% of EOY assets
1.147%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
PRICEWATERHOUSECOOPERS LLP
Auditor EIN
134008324
Audit fees
(not subdivided)
Opinion code
Disclaimer