Gosiger Holdings, Inc. 401(k) Review & Grade
Gosiger 401k Savings Plan and Trust
Dayton, OHWholesale Trade580 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,017Employer $ per active participant
$9,873Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$101.6MNet plan assets, end of year
$143,511Average balance per account
Score breakdown
- Employer generosity37.1 / 5074th percentile for employer $ per participant
- Low cost14.9 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving14.1 / 1594th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 74th |
| Lower admin cost | 60th |
| Employee saving | 94th |
| Peers that auto-enroll | 53% |
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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
- Gosiger Holdings put in about $3,017 per active participant, more than the typical peer ($1,792). 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 | $1,748,343 |
| Participant (employee) contributions | $5,721,376 |
| Other contributions (incl. rollovers in) | $273,180 |
| Administrative expenses paid from the plan | $161,075 |
| Contract administrator fees | $120,825 |
| Other admin expenses | $40,250 |
| Benefits paid out | $7,521,067 |
| Net assets, start / end of year | $89.4M / $101.6M |
| Active participants, start / end of year | 561 / 598 |
| Participants with account balances | 708 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Brady Ware & Schoenfeld, Inc |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $141,575 reported compensation |
| Morgan Stanley Smith Barney LLC | $78,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250903081227NAL0008936883001, received 2025-09-03, EIN 46-1609388, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.