Plan Ledger DOL Form 5500 · updated monthly

Good News Publishers403(b)

GOOD NEWS PUBLISHERS 403(B) RETIREMENT PLAN · WHEATON, IL · plan year 2024

Reported admin expense ratio · 2024
0.00%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Good News Publishers reported $990 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,696 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.002% to 0.005%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,569th-largest of 3,702 plans among Illinois employers on file, and the 939th of 2,199 in information & media. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 134 to 154 since 2022.

Plan summary
Net assets, end of year$22,978,624
Participants with balances206
Active participants154
Employer contributions$723,149
Employee contributions$1,026,212
Employer contribution per active participant$4,696
Average account balance$111,547
Benefits paid to participants$1,091,146
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 206 accts · $723K emplr
2023$19.4M · 184 accts · $655K emplr
2022$15.1M · 173 accts · $565K emplr
Employer contributions to the Good News Publishers plan · 2024
Employer contribution per active participant$4,696
Median for plans this size$2,416
2024$4,696 per active participant
2023$4,681 per active participant
2022$4,217 per active participant

Good News Publishers's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$990 · 0.00%
2023$320 · 0.00%
2022Not separately reported
Same employer
Similar plansInformation & Media · Illinois
Chicago Public Media, Inc. IL$27.4M · 0.25%
B.F. Shaw Printing Company IL$26.8M · 0.44%
Newberry Library IL$26.1M · 0.07%
Custom Data Processing IL$24.4M · 0.41%
Human Kinetics, Inc. IL$19.6M · 0.35%
Ensembleiq IL$18.3M · 0.27%
66DEGREES, LLC IL$18.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361143987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.