Employers › Gores Group
Recordkeeping fees per participant · The Gores Group, LLC - 401(k) Plan · plan year 2024
$2.63
Higher than 3% of the 1,697 plans $250M to 1B that report it.
= $5,703 / 2,167
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013142146NAL0000710563001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013142146NAL0000710563001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Administrative expenses excluding investment management, per participant
$46.56
Higher than 28% of the 2,324 plans $250M to 1B that report it.
= $100,903 / 2,167
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013142146NAL0000710563001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013142146NAL0000710563001, received 2025-10-13
Administrative expenses per participant
$159.15
Higher than 83% of the 2,405 plans $250M to 1B that report it.
= $344,869 / 2,167
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013142146NAL0000710563001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013142146NAL0000710563001, received 2025-10-13
Administrative expenses as a share of assets
0.095%
Higher than 64% of the 2,407 plans $250M to 1B that report it.
= $344,869 / $361,274,344
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013142146NAL0000710563001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013142146NAL0000710563001, received 2025-10-13
Employer contributions per participant
$352
Higher than 2% of the 2,457 plans $250M to 1B that report it.
= $763,505 / 2,167
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013142146NAL0000710563001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013142146NAL0000710563001, received 2025-10-13
Employer share of total contributions
18.2%
Higher than 12% of the 2,459 plans $250M to 1B that report it.
= $763,505 / $4,194,270
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013142146NAL0000710563001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013142146NAL0000710563001, received 2025-10-13
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2U · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013142146NAL0000710563001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | THE GORES GROUP, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Plan name | THE GORES GROUP, LLC - 401K PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Sponsor EIN / plan number | 33-1066785 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Sponsor location | BEVERLY HILLS, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Industry (business code) | 551112, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Participants, beginning of year | 5,442 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Active participants | 1,388 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Participants, end of year | 5,264 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Participants with an account balance | 2,167 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Total assets, beginning of year | $362,063,225 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Total assets, end of year | $361,274,344 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Net assets, end of year | $361,274,344 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Total income | $47,022,063 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Net income | $-788,881 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Employer contributions | $763,505 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Participant contributions | $3,267,468 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $163,297 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Total contributions | $4,194,270 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Benefit payments | $47,463,737 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $47,810,944 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Total administrative expenses | $344,869 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Recordkeeping fees | $5,703 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| IQPA audit fees | $64,575 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Investment advisory and management fees | $243,966 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Administrative expenses excluding investment management | $100,903 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Held in common/collective trusts | $52,958,807 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Held in mutual funds | $289,889,136 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013142146NAL0000710563001, received 2025-10-13 |
| Independent auditor | HOLTHOUSE CARLIN & VAN TRIGT LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013142146NAL0000710563001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013142146NAL0000710563001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MORGAN STANLEY | NONE | 27 Investment advisory (plan) | $191,612 | no |
| HOLTHOUSE CARLIN & VAN TRIGT LLP | NONE | 10 Accounting (including auditing) | $64,575 | no |
| THE GORES GROUP LLC | NONE | 99 Other fees | $52,354 | no |
| LITTLER MENDELSON, P.C. | NONE | 29 Legal | $30,025 | no |
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $5,703 | yes |
| QDRO CONSULTANTS | NONE | 99 Other fees; 16 Consulting (general); 50 Direct payment from the plan | $600 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 26 Investment advisory (participants); 33 Securities brokerage; 50 Direct payment from the plan; 59 Shareholder servicing fees; 71 Securities brokerage commissions and fees | $237 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013142146NAL0000710563001, received 2025-10-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $362,063,225 | $361,274,344 | -0.2% |
| Participants with a balance | 2,445 | 2,167 | -11.4% |
| Administrative expenses | $296,211 | $344,869 | 16.4% |
| Recordkeeping fees per participant | not reported | $2.63 | |
| Employer contributions | $1,885,164 | $763,505 | -59.5% |
Prior filing 20241008103349NAL0016456529001, received 2024-10-08; the plan years are contiguous.
Sponsor name as filed: THE GORES GROUP, LLC; SEC registrant: GORES GROUP, LLC (CIK 1428776, matched by EIN).