Plan Ledger DOL Form 5500 · updated monthly

Goodmans Interior Structures401(k)

GOODMANS, INC. 401(K) SAVINGS PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Goodmans Interior Structures reported $36,582 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,261 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 2 years on file its reported administrative ratio fell from 0.35% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 491st-largest of 1,285 plans among Arizona employers on file, and 2,568th of 4,246 in wholesale trade. In 2024, employees put in $4.77 for every $1.00 the employer contributed; active participation has grown from 150 to 180 since 2022.

Plan summary
Net assets, end of year$12,983,348
Participants with balances205
Active participants180
Employer contributions$227,049
Employee contributions$1,083,437
Employer contribution per active participant$1,261
Average account balance$63,333
Benefits paid to participants$624,842
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 205 accts · $227K emplr
2023$10.9M · 192 accts · $226K emplr
2022$9.1M · 188 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,208
Investment management$768
Total administrative$36,582
The Goodmans Interior Structures 401(k) match · 2024
Employer contribution per active participant$1,261
Median for plans this size$2,416
2024$1,261 per active participant
2023$1,251 per active participant
2022$1,246 per active participant

Goodmans Interior Structures's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

Service providers · 20242
MORGAN STANLEY · Investment advisory (participants)$19,871
FIDELITY INVESTMENTS · Loan processing$15,944

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$36,582 · 0.31%
2023$38,869 · 0.39%
2022$36,710 · 0.35%
Same employer
Similar plansWholesale Trade · Arizona
Core Machinery AZ$16.7M · 0.30%
Road Machinery AZ$16.4M · 0.30%
Antigua Group, Inc. AZ$13.7M · 0.42%
Metro Fire Equipment AZ$7.8M · 0.01%
Arizona Partsmaster, LLC AZ$7.0M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860202039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.