Golub Capital LLC 401(k) Review & Grade
Golub Capital LLC 401(k) Plan
Chicago, ILFinance & Insurance919 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,832Employer $ per active participant
$22,206Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$193.4MNet plan assets, end of year
$186,545Average balance per account
Score breakdown
- Employer generosity37.4 / 5075th percentile for employer $ per participant
- Low cost22.9 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving14.7 / 1598th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score78 / 100 · Grade A
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 75th |
| Lower admin cost | 92th |
| Employee saving | 98th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Golub Capital put in about $5,832 per active participant, more than the typical peer ($3,606). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $5,359,398 |
| Participant (employee) contributions | $20,407,335 |
| Other contributions (incl. rollovers in) | $3,012,146 |
| Administrative expenses paid from the plan | $60,424 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $14,852 |
| Benefits paid out | $9,233,653 |
| Net assets, start / end of year | $147.4M / $193.4M |
| Active participants, start / end of year | 832 / 1,006 |
| Participants with account balances | 1,037 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $45,672 reported compensation |
| Capfinancial Partners, LLC | $14,852 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250724074549NAL0010749874001, received 2025-07-24, EIN 20-5683269, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.