Form 5500 · Schedule H line 2i(12) · form year 2024

The Goldman Sachs Group, INC.

THE GOLDMAN SACHS 401(K) PLAN · EIN 134019460 · plan number 001

$330.23

Administrative expenses paid from plan assets, per participant, as the sponsor reported, for form year 2024. The denominator is 48,807 participants with account balances.

This is line 2i(12) of Schedule H only. It excludes fees netted inside fund expense ratios and fees the employer pays directly, which are not in that line and are therefore not in this figure.

Among plans of its size — 10,000–49,999 participants with account balances, 825 plans in that band across the whole dataset — this plan's reported figure is at or above the 90th percentile.

p10 $29.74p50 $64.32p90 $139.42

Percentiles are computed over all 52,836 qualifying plans in the form year 2024 dataset, not over the plans published here.

What the filing breaks out, and what it does not

Schedule H line	As filed
Contract administrator fees	not reported
Investment management fees	$14,994,105
Other administrative expenses	$69,107
Not broken out into any of the lines above	$1,054,253
Total administrative expenses (line 2i(12))	$16,117,465

A blank line above means the sponsor did not report a figure for it, which is not the same as reporting zero. Where the named lines add up to less than the total, the difference is shown rather than left for the reader to work out.

The rest of what this filing reports

Participants with account balances	48,807
Net plan assets, end of year	$12,758,136,879
Employer contributions	$200,759,266
Participant contributions	$350,720,176
Late participant contributions remitted	not reported

Check this against the filing

Every figure above was read from The Goldman Sachs Group, INC.’s own Form 5500 for form year 2024, EFAST2 acknowledgement ID 20251015145512NAL0009864834001, located 2026-08-30.

Open the filing (PDF)

The line itself is on the 2024 Schedule H form at line 2i(12), Total administrative expenses. If our number and the document disagree, the document is right and we want to know.

Plans of a similar size

Same size band, nearest reported figures. Size bands are the point: a plan with a few hundred people and one with a few hundred thousand are not comparable, and putting them side by side would imply they were.

American Electric Power Service Corporation

$330.49 per participant

21,069 with balances

Metlife Group, INC.

$325.22 per participant

31,714 with balances

Verizon Communications INC.

$319.43 per participant

14,951 with balances

Ericsson INC.

$341.53 per participant

12,842 with balances